FREE SURETY BOND QUOTE
Illinois Motor Vehicle Certificate of Title Surety Bonds
Why do I need an Illinois (IL) Certificate of Title Surety Bond?
If you do not have acceptable evidence of ownership for your Motor Vehicle, Boat, Motor Home, Mobile Home, Motorcycle or other titled property, you have the ability to provide the State of Illinois with a Certificate of Title Surety Bond in order to get a new title so you can register your vehicle. The Bond amount must be in an amount equal to one and one-half times the current wholesale value of the vehicle.
A written appraisal of the current wholesale value of the vehicle from a licensed new or used motor vehicle dealer (including motorcycle, mobile home and trailer dealers), a licensed rebuilder (for salvage or junk vehicles only), a licensed real estate agent (for mobile homes only) or an officer of an antique vehicle club or association (for antique vehicles only). The appraisal also may be obtained from a used vehicle price guide, supported by copies of the front cover and pertinent pages of the guide. Wholesale value is trade-in value of a vehicle or the value of a vehicle sold between licensed dealers and not at retail.
Be aware - There is NO minimum bond amount required, however The Secretary of State’s office retains the right to question any appraisal that is not appropriate for the transaction. If you have to amend your bond for an incorrect amount, there will be a rider fee of $25 charged plus any additional premium that may be required.
For additional information regarding the bonding requirements, please reference The Vehicle Services Department Fact Sheet.
What do I need to get my Illinois (IL) Certificate of Title Surety Bond?
The application is very simple and straightforward, you will need the following information to complete it:
- Your name and Home Address
- Vehicle Year, Make and Model
- Vehicle Vin # or Serial #
- Amount the bond needs to be for or the value of the vehicle
- A valid credit or debit card to pay for your bond
Low Bond rates for Illinois (IL) Certificate of Title Surety Bonds
Certificate of Title Surety Bonds are typically 1.5% of the required bond amount for applicants with good credit. Don't worry though, bonds up to $50,000.00 do not even require a credit check and for bonds over $50,000, we can get your bond approved and issued with the same fast and easy service.
Get your Illinois (IL) Certificate of Title Surety Bond Now!
Follow the link below to apply for your Illinois (IL) Motor Vehicle Certificate of Title Surety Bonds and let our expert staff get the bond you need at the lowest possible price!
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