Kansas Surety Bonds for Title Service Agents
The Kansas Insurance Department oversees licensing of Title Service Agents in Kansas. A title service agent's duties include making applications for obtaining vehicle titles and license plates, renewing vehicle registration, issuing temporary registration and title assignment addendums for licensed Kansas vehicle dealers, and transferring vehicle titles.
Licensing requirements for a Kansas Title Service Agent include:
- Must be at least 18 years old
- Must be fingerprinted
- Submit the NAIC Uniform Application for Individual Producer License
- Provide a clearance letter if the applicant holds a license from another state
- Must have FINRA registration if Variable Contracts authority is required
- Pass license examinations
- Obtain a $25,000 surety bond
Surety Bond Requirement
A surety bond of $25,000 must stay in effect during the license tenure, or the license will be revoked. The surety bond guarantees compliance of all requirements for the lawful obtaining or receiving of certificates of title for vehicles. The bond covers loss due to acts by the bond holder for the benefit of any aggrieved retail or wholesale buyer or seller of a vehicle.
What Does This Bond Cost?
The premium you pay for a Kansas Title Service Agent Surety Bond depends on your credit. Our rates start at .75% of the bond amount with good credit. Contact our Surety Bond Specialists for a free quote that fits your specific situation.
Did You Know?
Resident agents must submit proof of continuing education. The license renews biennially.
Related Links:
Kansas Department of Revenue: Dealer Title Service Agent ListKansas Department of Revenue: Vehicle Tags, Titles and Registration
More Surety Bond Questions?
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
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