Michigan Title Bond Guide
SuretyBonds.com provides the fastest and easiest way to get your Michigan bonded title. Learn how to navigate the lost vehicle title bonding process for your vehicle or boat with our complete guide.
Bond Overview
- Purpose: To guarantee legal ownership of a vehicle or watercraft
- Who Needs It: Individuals looking to register a vehicle without a valid title
- Regulating Body: The Michigan Secretary of State, Vehicle Services Division
- Required Amount: 2x the vehicle’s appraised value
- Premium Rates: $15/$1,000 in coverage, starting at $100
What Is a Michigan Bonded Title?
A Michigan bonded title is simply a vehicle title backed by a surety bond. It allows you to legally register a vehicle when the original title is invalid, unavailable or can not be transferred.
What Is a Michigan Title Bond?
Michigan Vehicle Code Section 257.217 requires individuals with insufficient proof of vehicle ownership to file a surety bond as part of the vehicle registration process. The bond provides financial security in case the vehicle was acquired illegally.
The Michigan Natural Resources and Environmental Protection Act enforces a similar surety bond requirement for watercraft owners.
What Title Bond Amount Do I Need?
Your Michigan title bond amount must be two times the vehicle’s current appraisal value.
You can use Kelley Blue Book to appraise your vehicle or contact the Michigan Secretary of State, Vehicle Title Division.
Be sure to verify the exact required bond amount needed with the state before purchasing.
How Much Do Title Bonds Cost in Michigan?
Michigan certificate of title bond costs start at $100 for the 3-year term.
Exact pricing varies depending on the bond amount:
- $100–$6,000 Bond: Costs $100
- $6,001–$50,000 Bond: Costs $15 per $1,000, starting at $100
- $50,000+ Bond: Start at $375–$750, application required
Select your bond amount below to buy now or apply for a free quote.
How Do You Get a Title Bond in Michigan?
You can purchase your Michigan certificate of title bond online 24/7. You must provide the following information for Secretary of State Vehicle Title Division approval.
- Name
- Address
- Vehicle identification number (VIN)
- Vehicle year, make, body type
Once your order has been processed, your surety bond documentation will be issued. You'll receive your official surety bond by email.
How Fast Can I Get a Lost Title Bond?
SuretyBonds.com offers instant Michigan certificate of title bond delivery 24/7. Purchase now to receive your official bond delivered in minutes by email.
*Note: If your vehicle bond amount is greater than $50,000 or your watercraft bond amount is greater than $25,000, your purchase order will be reviewed by a team member before your documents are emailed.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Title Bond?
Michigan Vehicle Code Section 257.217 requires individuals without proof of vehicle ownership to file a surety bond. Typically, you will need a Michigan bonded title under these conditions:
- You did not receive a title when you bought the vehicle.
- The title you received was incorrectly assigned to you.
- You received a title but lost it before transferring it into your name.
If you're planning to sell vehicles, a separate Michigan vehicle dealer bond is required.
How Does a Michigan Title Bond Work?
A Michigan title bond creates a legal contract between three parties:
- Principal: The vehicle owner purchasing the bond
- Obligee: The Michigan Secretary of State, Vehicle Services Division
- Surety: The provider issuing the bond
The Michigan bonded title protects prior owners or future purchasers of the vehicle from expenses, losses, or damages.
For example, if the original title is found and a valid claim is made against the bond, the surety company will pay damages up to the full bond amount. The bonded vehicle owner must then reimburse the surety.
How Do I Get a Title Bond in Michigan?
You can purchase your Michigan title bond online 24/7 with SuretyBonds.com. You must provide the following information for filing approval:
- Vehicle year
- Vehicle make
- VIN or hull number
- Vehicle or vessel type
Once you checkout, you'll receive your official vehicle title surety bond in minutes via email.
How Fast Can I Get My Bond?
SuretyBonds.com offers instant Michigan vehicle registration title bond delivery online 24/7.* Purchase now to receive your official bond in minutes by email.
*Note: If your bond amount is above $50,000, we’ll review your order before emailing your documents.
How to Get a Bonded Title in Michigan
The Michigan Secretary of State, Vehicle Services Division enforces registration requirements for vehicles with lost, stolen or missing titles.
Follow the four steps below to apply for your Michigan bonded title.
Step 1: Contact the Secretary of State
Start by consulting with the Secretary of State to verify if you need and are eligible for a bonded title.
Step 2: Determine your vehicle’s appraisal value
Next, determine your vehicle’s value. You can use Kelley Blue Book to appraise your vehicle or contact the Vehicle Title Division.
Step 3: Purchase a Michigan title bond
Purchase a title bond for exactly two times the appraisal value of the vehicle from SuretyBonds.com.
Step 3: Submit the application
Provide the following documents to your local Secretary of State branch office:
- Title application form
- Surety bond form (TR-121)
- Any ownership documentation
Once approved, you should receive your Michigan bonded title in the mail within a few weeks.
Can I Get Bonded With Bad Credit?
Yes, you may still be able to get a bonded title with bad credit.
Michigan certificate of title bonds are typically available for instant purchase with no credit check.
If your bond does require an application, we’ll search for the best available rate with our surety markets.
Can I Update My Bond Form?
Yes, the most common changes for these bonds include updating the:
- Vehicle information
- Owner name
- Address
If your bond form needs amended for any reason, email [email protected] to explain the request. We’ll issue a bond rider document free of charge.
