If you are engaged as an auto title company operating in Louisiana, you are required under the Louisiana Revised Statutes section 702 (12) to file an Louisiana Auto Title Company Bond as a condition of licensure.
Bonds Express offers a Louisiana Title Company 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 Louisiana Title Company Bond holds you accountable for your business decisions.
By possessing a Louisiana Title Company Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.