Minnesota Bonded Title Guide
SuretyBonds.com provides the fastest and easiest way to get your Minnesota bonded title. Learn how to navigate the lost vehicle title bonding process with our complete guide.
Bond Overview
- Purpose: To guarantee legal ownership of a vehicle
- Who Needs It: Individuals registering a vehicle without a valid title
- Regulating Body: The Minnesota Driver and Vehicle Services Division
- Required Amount: 1.5x the vehicle’s value
- Premium Rates: $15/$1,000 of coverage, $100 minimum
What Is a Minnesota Bonded Title?
A bonded title is simply a vehicle title backed by a surety bond for financial security.
It allows you to legally register a vehicle with the state of Minnesota when the original title is invalid or unavailable.
What Is a Minnesota Certificate of Title Bond?
Minnesota Statutes Section 168A.07 require individuals without proof of vehicle ownership to file a surety bond as part of the registration process.
The Minnesota lost motor vehicle title bond acts as financial security to repay potential monetary losses. If the car turns out to be illegally acquired, the surety will compensate the rightful owner or lienholders.
How Much Bond Coverage Do I Need?
Your bond amount must be 1.5 times the vehicle value as determined by your local deputy registrar’s office.
To ensure your bond is accepted, do not purchase your bond until the DVS calculates your exact surety bond amount.
How Much Do Certificate of Title Bonds Cost in Minnesota?
Minnesota certificate of title bond costs start at $100 for the 3-year term.
Exact costs vary depending on the surety bond amount required by the Minnesota DVS:
- $100–$6,000 Bond: Costs $100
- $6,001–$50,000 Bond: Costs $15 per $1,000, starting at $100
- $50,000+ Bond: Prices start at $750, application required
Select your bond amount below to buy now or apply for a free quote.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Minnesota Certificate of Title Bond Work?
A Minnesota title bond creates a legal contract between three parties:
- Principal: The vehicle owner purchasing the bond
- Obligee: The Minnesota Driver and Vehicle Services Division requiring the bond
- Surety: The provider issuing the bond
The Minnesota bonded title protects any prior owners and lienholders or any future purchaser of the vehicle from expenses, losses, or damages.
Who Needs a Certificate of Title Bond?
If you cannot prove you own a vehicle you're trying to register, you'll need to file a Minnesota vehicle title bond along with your bonded title application.
Vehicles must be 6 model years or older to qualify for a bonded title.
If you plan to sell vehicles, you need a Minnesota motor vehicle dealer bond.
How Do I Get a Certificate of Title Bond in Minnesota?
You can purchase your Minnesota title bond online 24/7 with SuretyBonds.com. You must provide the following vehicle information for DVS filing approval:
- Year
- Make
- Model
- Body type
- Value
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 Minnesota vehicle title surety bond delivery online 24/7*.
Purchase now to receive your official bond in minutes by email.
*Note: If your bond amount is higher than $50,000, your purchase order will be reviewed by a team member before we email your documents.
How to Get a Bonded Title in Minnesota
The Minnesota Driver and Vehicles Services Division (DVS) enforces registration requirements for vehicles with missing titles. Follow the 7 steps below to apply for your Minnesota bonded title.
Step 1: Request a vehicle record search
Contact your deputy registrar’s office to see if there is an existing vehicle record.
Step 2: Complete an affidavit (if required)
If a vehicle record is found, print out and complete an Affidavit Regarding Due Diligence form.
Notarize then submit this form at your local DVS office. Do not send by mail.
Step 3: Complete Statement of Facts
If no record is found, fill out the Statement of Facts form. Ensure it includes a description of the vehicle and an explanation of why there is no ownership documentation.
The form must be signed by both the applicant and the seller to transfer ownership.
Step 4: Take photos of your vehicle
Take pictures of your vehicle from all four sides and one of the VIN plate.
The DVS will use these to help determine the vehicle’s value for your surety bond.
Step 5: Fill out a title application
Fill out the Application for Title form either online or at a local DVS office.
You'll need the seller's signature in Section C or a bill of sale that includes your vehicle's VIN, year, make, buyer's name and purchase date.
Step 6: Purchase a title bond
After receiving confirmation of your required bond coverage, buy your defective title bond for 1.5x the vehicle’s value. Rates start as low as $100 with SuretyBonds.com.
Step 7: Submit the application
Bring all your documentation to your local deputy registrar's (DVS) office:
- Notarized Minnesota defective title bond
- Notarized Affidavit of Due Diligence
- Completed application form
- Applicable sales tax title and registration fees
- Any ownership documents, such as a bill of sale or registration
If the vehicle is under five years old or cannot get a bonded title for any other reason, you may need to get a court order directing the Department of Public Safety to issue a certificate of title.
Can I Get Bonded With Bad Credit?
Yes, you may still be able to get a bonded title with bad credit.
Minnesota 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 Sell a Car With a Minnesota Bonded Title?
Yes, a bonded title acts the same as a regular title, allowing you to register, sell or transfer the vehicle.
Can I Get a Title for an Abandoned Vehicle in Minnesota?
Yes, you may be able to title an abandoned vehicle with the Minnesota DVS. However, you may need to obtain a court order or provide additional documentation. Contact the DVS for more specific details.
Can I Get Bonded With Bad Credit?
Yes, you may still be able to get a bonded title with bad credit.
Minnesota 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, if the Minnesota DVS requires your lost title bond documentation to be updated for any reason, contact your surety provider.
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.
