How Much Does the Connecticut Lost Title Bond Cost? Generally, most carriers want to have an understanding as to how the applicant came to have ownership of the vehicle. For larger bond amounts, applicants with poor credit may be subject to a higher rate. At limits over $25,000, surety companies will review the applicant’s credit standing to determine qualification for the bond. Surety companies will not conduct a credit check for bonds that are less than $25,000.
Is a Credit Check Required for the Connecticut Lost Title Bond? Not an agent? Then let us pair you with one!Ĭlick the above image to find a BX Agent near you How is the Bond Amount Determined?Ĭonnecticut statute 14-176 dictates that the bond amount must be equal to twice the vehicle’s value as determined by the Department of Motor Vehicles. Our friendly underwriting staff is available by phone at (800) 438-1162, email, or chat from 7:30 AM to 7:00 PM EST to assist you.Īt BondExchange, our 40 years of experience, leading technology, and access to markets ensures that we have the knowledge and resources to provide your clients with fast and friendly service whether obtaining quotes or issuing bonds. Don’t have a login? Enroll now and let us help you satisfy your customers’ needs. Simply log in to your account and use our keyword search to find the “title” bond in our database. If this information is faxed or mailed please confirm receipt by calling 20.Connecticut Lost Title Bond Form How Can an Insurance Agent Obtain a Connecticut Lost Title Bond?īondExchange makes obtaining a Connecticut Lost Title Bond easy. PLEASE NOTE: All information should be dated and have the year, make, model and vehicle identification number (VIN) on it. SHIPPED OUT OF THE COUNTRY/ BILL OF LADINGĪ copy of the shipping papers with the year, make, model & VIN along with the date shipped, Origin & Destination
CANCELLATION OF INSURANCE POLICY FOR VEHICLE SOLDĪ letter from your insurance company on their letterhead referencing the year, make, model & VIN along with the reason for cancellation.Ī letter/receipt from the charity/junkyard with the year, make, model, & VIN and the date it was donated/junked.Ī copy of the purchase agreement from the dealership identifying the trade-in vehicle and the date of the trade-in. The owner must file for a lost or stolen plate receipt at the DMV. This information should also include vehicle identification number and date of theft and/or loss.
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If you sold the car to someone you know please obtain a copy of the registration showing the new owner.Ī letter from your insurance company indicating that the vehicle was stolen and not recovered and/or a total loss from an accident. OUT OF STATE REGISTRATION OR REGISTRATION SHOWING A NEW NAMEĪ copy of the original out-of-state registration showing the date the vehicle was first re-registered. LEASE TERMINATION AGREEMENT/ODOMETER DISCLOSURE STATEMENTĪ copy of the lease termination which should include Year, Make, Model, VIN, and Odometer reading for the vehicle or odometer disclosure statement with the same information as lease termination and signed by both the Lessor and Lessee.Ī copy of both sides of the signed title showing the date when the transfer took place. YOU MAY ALSO CANCEL YOUR REGISTRATION ONLINE AT CT.GOV/DMV AND PRINT RECEIPT WHEN COMPLETED.Ģ) ANY OF THE DOCUMENTATION LISTED BELOW PERTAINING TO YOUR CIRCUMSTANCE: TO REMOVE/PRORATE YOUR ASSESSMENT ON THE JULY 2021 TAX BILL (OR PRIOR), THE FOLLOWING TWO (2) FORMS OF DOCUMENTATION ARE REQUIRED:ġ) REGISTRATION PLATE CANCELLATION FROM THE DEPARTMENT OF MOTOR VEHICLE IS MANDATORY.
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IF YOUR LICENSE PLATES WERE TRANSFERRED (OLD TO NEW VEHICLE), PAY BILL IN FULL ON OLD VEHICLE AND NEW VEHICLE WILL BE CREDITED AUTOMATICALLY ON THE SUPPLEMENTAL BILL. If you are now living in another town in Connecticut but your vehicle was in Westport October 1, 2020, the bill will be due and payable to Westport. The July 2021 tax bill will reflect the period of October 1, 2020, through September 30, 2021. ***TO LIMIT IN PERSON EXPOSURE DUE TO RECENT COVID-19 PLEASE EMAIL OR CALL THE ASSESSOR'S OFFICE TO HANDLE ALL MOTOR VEHICLE BILL ADJUSTMENTS***
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