RI Bonded Title

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Driving past a RI lighthouse with a bonded title

What is a Rhode Island bonded title?

A Rhode Island bonded title is a certificate of title for a vehicle without the original title. The bonded title proves that you own your car. It has a surety bond attached – called a title bond – which protects parties you may harm financially if you end up not being the true owner.

If you’re not the owner, the real owner or a lienholder (with financial ties to your vehicle) can come forward and file a claim on your surety bond. If your surety investigates and finds the claim valid, you must settle the claim. If you can’t or won’t, your surety will settle it for you. Then you must repay them in full. A claimant can file a claim up to the total bond amount (1.5 times your vehicle’s current value).

Can I get a bonded title in RI?

If you’re a Rhode Island resident and you don’t have a title to your vehicle, you may qualify for a bonded title. A bonded title allows you to obtain ownership of your car legally so you can register, insure, and sell it.

Get Your Rhode Island Title Bond:

Quick Takeaways

  • A Rhode Island bonded title is a certificate of title for a vehicle without the original title.
  • After contacting your local Rhode Island DMV to ensure you qualify for a bonded title, you can follow the simple process outlined below.
  • Rhode Island title bonds are quickly issued, typically cost around $100, and have a 3-year bond period.

Who needs a RI bonded title?

There are a few different scenarios where you may need to apply for a bonded title.

  1. You never received a title when you acquired your car.
  2. You had the original title but lost it before transferring it to your name.
  3. Your title wasn’t correctly assigned to you and, therefore, is invalid.

Check with your DMV before applying to ensure you’re eligible for a bonded title.

Non-Titled Vehicles Model Year 2000 and Older

Rhode Island doesn’t title vehicles with a model year of 2000 or older. However, you can still obtain documentation if you have a bill of sale and identification and fill out the “Application for Registration and/or Drivers License Information.”

Duplicate Titles

If you had a title in your name and simply lost it, you can apply for a duplicate title rather than a bonded title – as long as your vehicle model is 2001 or newer. The only prerequisite is that you are the owner listed on the original title.

How to Get a Bonded Title in Rhode Island

After contacting your local Rhode Island DMV to ensure you qualify for a bonded title, you can follow the simple process outlined below to apply.

1. Vehicle Appraisal

Visit your local DMV so they can do an appraisal and tell you the current value of your vehicle.

2. Title Bond

Next, get a RI title bond from a trusted surety provider like ZipBonds. Your bond must be 1.5 times the value of your vehicle. The application is straightforward, and your title bond should be issued quickly and only cost around $100.

3. Application

Finally, fill out an “Application for Title” and submit it with your title bond to your DMV.

How much does a RI bonded title cost?

Rhode Island 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 will be eligible for a standard certificate of title.

Your RI bonded title will remain active for three years. If no one files a claim against your bond during that time, you can apply for a regular car title when your bonded title expires.

Get a Title Bond in RI

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 support@zipbonds.com. We’ll walk you through the process for title bonds to help you get bonded in a flash.

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About ZipBonds.com

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.