California Bail Costs
In the state of California, the bail bonds industry is heavily regulated. Each state bail bond should be 10% of the total bail value, and is mandated by California law, and set by the California Department of Insurance. Bail bond rates are a percentage of the entire amount of a bail, and are non-refundable.
California bail bonds businesses, must be licensed with the California Department of Insurance, and are then able be of assistance to citizens who require a bail bond to have a defendant released from custody. An amount of 10% is usually paid prior to start of the release process, however, there are allowances made for people who are thought to be financially viable.
When choosing to use the services of a bail bonds company, ensure they are fully licensed. Take into account that a bail bond firm who is offering 5% bail bond charges, is breaking California Law, and therefore, operating illegally. In the case that you may have some doubts about a bail bond agency, call the Better Business Bureau and verify their validity.
A number of bail bond companies will require financial surety as insurance that the defendant will definitely show up for their court case. This can be in the form of cash, or property. All bail bond firms must refund any collateral following the conclusion of the case. Any payment for bail bonds is normally paid prior to a defendant’s release from jail.
There are various forms that you can utilize for payment. It is suggested you speak to your chosen bail bond company in regard to the options they provide. Some companies will permit you to enter in to a payment plan, designed to lighten some of the financial weight. If you end up qualifying for a payment plan, the co-signer, also known as the indemnitor, will then inherit responsibility for the defendant. In the event the defendant does not honor their court dates, the indemnitor will become legally responsible for the entire value of the bail.