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SOURCE: Surety Solutions Insurance Services Inc.
The State of Florida has implemented a requirement to post Certificate of Title surety bond. The bond is now available on-line at http://www.surety1.com.
Sacramento, CA (PRWEB) February 07, 2013
The Florida certificate of title surety bond is required via Florida statue 319.23, paragraph 7, and is required if an applicant for a certificate of title is unable to provide the department with a certificate of title that assigns the prior owner’s interest in the motor vehicle. Up until a few weeks ago, a surety bond was not required and a signed affidavit would suffice.
By visiting Surety1's easy to use web portal, most of these bonds can be purchased within one day, with no credit check* and overnight shipping is available at a nominal cost. The Florida Department of Highway Safety and Motor Vehicles requires the bond in an amount of twice the value of the vehicle. The value of the vehicle is established by a current, national appraisal guide such as Kelly Blue Book or NADA.
Surety Solutions Insurance Services, Inc. is an independent insurance agency based in Rancho Cordova California, specializing in the placement of surety bonds and other specialty insurance products. For more information on obtaining a surety bond, you can contact Surety Solutions through its website, http://www.surety1.com, by calling toll free, 877-654-2327 or e-mail, info(at)surety1(dot)com
*All surety bonds are subject to underwriting approval.
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