No. You pay the bond premium, not the full bond amount. The bond amount is the coverage amount required by your state, while the premium is the price you pay for the bond.

Most states base the bond amount on the vehicle’s fair market value, appraised value, or a state-required multiplier. Enter your vehicle value above to estimate your bond amount and price.

Many title bonds can be prepared quickly once your information is complete. Some bonds may issue instantly, while higher bond amounts or certain states may require underwriting review.

You will receive a digital copy for your records, but many DMV offices require the original signed bond. When an original is required, we mail it or make it available for local pickup when available.

After your bond is issued, you submit it with your bonded title paperwork to your state DMV or motor vehicle agency. The bond does not replace the DMV application process.