Non-resident businesses looking to participate in the title clearinghouse, where the DMV can produce titles for them, are required to first have this bond in place.
Bonds Express offers a West Virginia Digital Titling Clearinghouse Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The West Virginia Digital Titling Clearinghouse Bond holds you accountable for your business decisions.
By possessing a West Virginia Digital Titling Clearinghouse Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.