ALAMO SURETY BONDS
TITLE BOND PROGRAM
No More Frustration

> Easy Process

> Bonds Issued While You Wait

> Low Cost - 1.5% of Bond Amt 
      $100 Minimum Charge
CERTIFICATE OF TITLE BONDS

To transfer the title of a motor vehicle in Texas, a surety bond is required by the Texas Department of Motor Vehicles when there is not sufficient proof of ownership as determined by the State. Common issues are an improperly signed titles and improperly executed bills of sale. Sometimes a vehicle is purchased from a licensed dealer who fails to provide a title. A vehicle with a lien may also require a bond.

The certificate of title bond is payable to the State of Texas and guarantees that the party obtaining a new title is the lawful owner. If another party proves they have a valid legal interest in the vehicle, the surety would be liable to pay a bond claim. 
TITLE BONDS FAQ

HOW IS THE BOND AMOUNT CALCULATED?

The amount of the bond is not based on the purchase price of the vehicle. Bond amounts are set by the State, by using a simple calculation: 1.5 times the current retail "Blue Book" value. 

HOW MUCH DOES THE BOND COST? 

The bond premium is 1.5% of the bond amount, subject to a $100 minimum charge. 

WHAT IF THERE IS A LIEN?

Sometimes the subject vehicle has a lien on it. In this case, the State requires a signed guarantee by the surety certifying that the lien has been satisfied. This certification is in addition to the bond. Often the lien is no longer valid, but was never released properly with the State. 

We are able to write these bonds so long as the lienholder no longer has a valid claim to the vehicle. 

WHAT DO YOU NEED TO WRITE THE BOND?

When you have completed your information packet and have turned it in to the Department of Motor Vehicles, they will give you a form letter stating that your request for a title is "rejected" and giving you the required bond amount. We need just need the  following to write the bond: 
 
1) A signed bond application, and 
2) Copies of the rejection letter and your information packet
  
PROGRAM HIGHLIGHTS:

> BONDS UP TO $25,000:
No Credit Check
In-House Authority

> BONDS OVER $25,000:**
Signed Application
Credit Check

> VEHICLES WITH LIENS:**
Signed Application
Verification of Lien Release

** Additional information and/or higher premium rate may be required.