Arizona Vehicle Title BondBy C. Poindexter
In the State of Arizona, registering a vehicle with a lost or defective vehicle title can require an Arizona title bond. In accordance with the DMV’s posted rules, you must first visit any DMV location or ‘authorized third party office’ to obtain a vehicle inspection. At the time of the inspection, the DMV or third party vendor will provide a list of the specific actions and documentation required. The Arizona motor vehicle bond form is a good starting point as to what is required. The obligation states that the applicant not having demonstrated supporting evidence of ownership will be required to provide bond. So, you can only bond your title with DMV approval. The Arizona title bond must be in an amount equal to one and one-half times the value of the vehicle as determined by the inspection. The bond must indemnify and save harmless the Division of Motor Vehicles of the Arizona Highway Department and any and all persons including purchasers or those requiring lien, and their successors, against any and all claims, suits or losses on account of any defect in or undisclosed claim, lien or encumbrance of whatever nature upon the bonded vehicle. National surety specialist, Surety One, Inc., offers a simple, six line title bond application and processing of your bond request within hours. We will offer terms for you bond regardless of your credit condition. Visit www.SuretyOne.org, call (787) 333-0222 or (800) 373-2804, or email Underwriting@SuretyOne.org for a Arizona motor vehicle bond application or for information about any bond need.