What is a Nebraska bonded title?
A Nebraska bonded title is a branded certificate of title that you may need if you don’t have a regular car title. A bonded title has a surety bond attached to ensure you’re the rightful owner and didn’t acquire your car illegally.
The surety bond goes by various names: title bond, certificate of title bond, and defective title bond. It guarantees that you are the true owner of your vehicle. If someone claims you don’t own your vehicle and has suffered damages as a result, they can file a claim on your bond for compensation.
The surety – the company that issues you the title bond – will investigate to determine the claim’s validity. If they find you guilty, they will cover the costs involved in settling the claim. You must then repay them in full.
Get Your Nebraska Title Bond:
- A Nebraska bonded title is a certificate of title with a surety bond attached.
- If someone claims you don’t own your vehicle and has suffered damages as a result, they can file a claim on your bond for compensation.
- You can apply for a bonded title in Nebraska if you obtained your vehicle but didn’t receive a title at the time of purchase.
- Nebraska certificate of title bonds are quickly issued, typically cost around $100, and have a 3-year bond period.
Who needs a bonded title in Nebraska?
You can apply for a bonded title in Nebraska if you obtained your vehicle but didn’t receive a title at the time of purchase. If your title was incorrectly assigned or you lost the original before transferring it to your name, you may also qualify for a bonded title.
The Nebraska Department of Motor Vehicles (DMV) requires you to obtain a title bond before you can receive your new certificate of title. Only Nebraska residents may apply – under one of the following conditions:
- You haven’t been issued a title for your car in Nebraska or any other state.
- You’re unable to provide a proper certificate of title or a manufacturer’s statement of origin.
- Your vehicle has a bonded title in a different state.
If you had the original title in your name at any point but lost it, you don’t need to apply for a bonded title in Nebraska. You can apply for a duplicate certificate of title instead.
How to Get a Nebraska Bonded Title
The first step in getting a bonded title is contacting the DMV to ensure you’re eligible. You don’t want to do all the work of gathering the right documents and filling out an application if you need another type of title entirely.
Once you confirm with the DMV that you need a bonded certificate of title in Nebraska, follow this process.
1. Request a title search.
The first step is to request a search (through the Nebraska DMV) to see if a title exists for your vehicle. Complete and submit an Application for Copy of Vehicle Record.
If your vehicle was bought online or in another state:
The state’s DMV must conduct the record search.
If a title exists:
You will need to send a certified letter to the title owner at their last known address. State in the letter that you’re the current owner of the vehicle and that you need them to acquire a duplicate title and assign ownership over to you. Be sure to make a photocopy of any certified mail you send to include in your application.
If there’s a lien on the title:
If there’s an open lien on the vehicle, send a certified letter to the lienholder. Tell them you’re the current vehicle owner, and ask them to provide a lien release.
- If the lien is at least 10 years old, it may be released 30 days after you send your certified letter.
- If the lien is less than 10 years old and you’d don’t receive a lien release, you won’t receive a new title.
2. Submit your bonded title application with all required documentation.
Here’s a list of documents you must submit to the DMV for your bonded title application to be accepted.
Note: If a VIN plate is required, complete an Assigned ID Number Application. Submit it with a $20 fee. You’ll receive the plate in the mail along with an affidavit. Sign the affidavit and then submit it along with your bonded title application.
- The original return receipts and photocopies of any certified letters you sent (or originals, unopened, if they were returned to you).
- A copy of the conducted searches
- Written documents you received when you purchased your vehicle (e.g., a bill of sale). If you have no written documentation, you may submit an affidavit explaining why you’re entitled to ownership.
- A photo that shows the front and one side of your vehicle
- A Nebraska bonded certificate of title application (completed and signed)
- A Sheriff’s Inspection Certificate (from your local sheriff), which is valid for 90 days after the inspection
- A Nebraska certificate of title bond for one and a half times the value of your vehicle according to the NADA Guides. Your surety bond provider may send the bond directly to your DMV once you apply and are approved. Otherwise, you can submit the bond with your application.
- The new ID Number affidavit (if you received a new VIN)
- A $50 application fee
Nebraska certificate of title bonds are quickly issued, typically cost around $100, and have a 3-year bond period. After the bond expires, there is no requirement for the bond. You can submit an Application for Release of Notice on Bonded Title (with the DMV) or apply for a regular certificate of title (through the Country Treasurer Office).
Get a Title Bond in Nebraska
The experts at ZipBonds can help you obtain the bond you need. To connect with one of our team members, please give us a call at 888-435-4191 or email us at email@example.com. We’ll walk you through the process for title bonds to help you get bonded in a flash.
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.