California Undocumented Vessel Bond
Bond Requirements & Set Rates
| Bond Amount Required | Annual Premium |
| Varies | Varies |
Vessel owners in California who cannot provide sufficient proof of ownership or a clear title of a vessel that is worth $2,000 or more must get a surety bond to register their boat with the state. Required by the California Department of Motor Vehicles (DMV), the California undocumented vessel bond protects the state, prior owners, and lienholders by providing financial security against future ownership claims.
Cost of a California Undocumented Vessel Bond
The cost of a California undocumented vessel bond is typically a small percentage of the bond amount, which must be equal to the fair market value of the vessel. Get a free quote for the instant issue surety bond today.
Why You Need an Undocumented Vessel Bond
When ownership documentation is incomplete or unavailable, the California undocumented vessel bond serves as a safeguard against disputes. It ensures any valid financial claims related to the vessel’s ownership can be addressed without burdening the state or affected parties.
How the California Surety Bond Works
This surety bond involves three parties:
- Principal: Vessel owner
- Obligee: California DMV
- Surety: Bonding company
If a valid claim is filed, such as a prior owner asserting legal ownership, the surety may compensate the claimant up to the bond amount. The vessel owner is then responsible for reimbursing the surety for any paid claims.
How to Get a California Undocumented Vessel Bond
Getting bonded is simple and fast with NNA Surety:
- Complete this online application with your vessel and personal details.
- Receive a quote based on your bond amount.
- Pay the premium to be issued the bond instantly.
- Download your bond and submit it to the California DMV.
Get Your California Undocumented Vessel Bond
NNA Surety is a trusted national surety bond provider, making it quick and easy for professionals to get the bonds they need. With no credit check, competitive rates, and instant bond issuance, you won’t find better service than at NNA Surety. Apply online now or call 855-339-6183 to get bonded.