Frequently Asked Questions

On this page you will find commonly asked questions and answers pretaining to Bail Bonds and the expected process.

What is a Bail Bond?

A “bail bond” (surety bond) is a financial guarantee to the court that the defendant will appear in each and every court appearance as the court directs. Failure of the defendant to comply with the conditions of the court could result in warrants issued and bail bonds forfeited.

How Much Does a Bail Bond Cost?

Most bail bond premiums are ten percent of the full bail amount. For example, if the full bail amount is $10,000, the premium (fee) for the bail bond is $1,000. These fees are established by the surety companies and regulated by the Department of Insurance. Once the bail bond is posted and accepted by a court or jail, liability is taken on the bail bond. At that point the bail bond premium is fully earned and is not refundable.

Who is Liable for The Bail Bond?

The indemnitor (co-signer) is financially liable for the bail bond. The indemnitor’s liability is limited to the full face value of the bail bond.

What is an Indemnitor or Co-Signer?

An indemnitor or co-signer is a person who agrees to be financially responsible for the full amount of the bail bond in the event that the defendant fails to make a court appearance and cannot return to court. An indemnitor is responsible for paying any bail bond costs incurred as a result of the defendant missing a court date. If there is more than one indemnitor on a bail bond, they are jointly liable. This means the money could be collected from one or both of them.

What is Collateral?

Collateral is money, property, etc. that you deposit with the bail bond company. Collateral is held until the bond is exonerated and the premium has been paid in full. In many situations, the bail bonds company will not require collateral. Often times, people own homes but do not want to sign on them. We take a quick application to determine if we can do this for each client individually.

How long does it take for someone to be released from jail?

The amount of time it takes the jail/court to proces a bail bond varies, based on work loads and size of the facility. Once the bail bond has been posted, the bail bond agent will contact the indemnitor with a estimated time of release.