What is a Bail Bond?
A bail bond is a type of surety bond that gives a promise to a court that the person who is in jail will return to court for appearances after they have been released. If the person being released on bond does not return to court as required, then the bail will be revoked, and he or she will be taken back into custody.
(Note: Please be aware that our company does not currently provide bail bond services. If you are in need of bail services, we recommend that you call 800-500-7090. This page is for informational purposes only.)
A bail bond is for individuals who cannot afford to pay the bail amount on their own. It is usually a friend or family member who obtains the bail bond from an agent. The bail agent is backed by a surety company that will pay the full amount of the bond if the defendant fails to appear in court.
What is the cost of a bail bond?
Your cost for bail is typically determined by the state. It can be anywhere between 8% and 10% of the total bail amount that is set by the judge. For example, if the bail is set at $25,000 and the state has set the premium for a bail bond at 10%, then it will cost $2,500 for a bail bond. State laws prevent bail agents from offering discounted or reduced premiums on bail bonds. Doing so could cost them their license.
Many times, bail agents will request some form of collateral in addition to the premium in order to secure the bond. This can be something of equal or greater value to the bond, such as jewelry, vehicle, home, et cetera.
How do I get a bail bond?
Before contacting a bail bond agent, there is some information that you will need to have available:
- The full name of the person who has been arrested as well as their booking number.
- The name of the jail as well as the city and state.
- The amount of the bail.
A bail bond can be obtained in person or over the phone. The bail agent will tell you the cost of the premium for the bond and if there is any collateral needed. Once the premium and the collateral have been received and required paperwork has been completed, they will go to the jail to begin the release process. You may meet them at the prison, but it can take anywhere from a few minutes to several hours for the release to be complete.
If the defendant attends all court dates, then once the case has concluded, any collateral will be returned. The premium that is paid is non-refundable as it is the fee for service earned by the bail agent.
If you need bail services, please call our recommended agency at 800-500-7090. Our company does not conduct bail bond services. This page is for information purposes only.