|Frequently Asked Questions
What is a title bond or motor vehicle bond?
A title bond is a surety bond that is a financial guarantee to a state agency that if a new title is issued and a problem arises in the future,
then the surety company will pay a penalty to solve the problem.
What is the cost of the bond?
Most bonds are $100 plus shipping. The rate for the bond is 2% of the bond value with a $100 minimum fee.
How fast will I receive my bond?
Bonds are shipped via Fed Ex for overnight delivery.
How long does the bond last?
Florida law requires the title bond be in place for three years. The bond is a one-time purchase and there is no renewal fee or future cost.
The vehicle title may be transferred prior to the end of the three year period. There is no "waiting or holding" time before the new title can
What if there is a lien against my vehicle?
If there is an active lien against your vehicle, then you cannot use a title bond. If the lien is inactive or has been paid off, then you may use
a title bond.
Is the title branded?
The Florida title will have a brand that states the title was issued under a bond. After the title has been issued for more than three years, a
new title can be requested without the title bond brand on it.
What if I don't need the bond after I receive it?
We will offer a refund minus shipping fee and cancellation fee if you return the original bond to us.
Does a title bond mean that I will not have any problems in the future?
The title bond will assist you in securing a title in your name. However, the bond does not remove any financial obligation that you may
have if someone else proves a financial interest in the vehicle. If the surety company pays a claim, then you (as purchaser and principal) of
the bond would be responsible for repaying the claim.
Do you check credit or need my personal financial information?
We do not check credit on title bonds. This allows us to process bonds much faster than most agents. We do not request your social
security number or personal financial information.
How long have you been in business?
Title bonds are issued by The Warnock Agency Inc. We have been in business since 1999.