This is where the value and learning the two types of bail bonding companies comes into play and it has everything to do with collateral.
Surety bail bondsman- Surety bail bondsman make up the bulk of the bail bondman in the world. These are generally individuals who’s companies have no real collateral of their own to support the bail bond these are writing. Instead of using real property the bail bondsman partners with an insurance company who actually provides the collateral for the bail bond. Since an insurance company is involved Surety bail churl are really a type of insurance agent and as such must have a property and casualty insurance certificate. Because these kinds of bail bonds are really a type of insurance policy the “premium” or rate (the 10%) IS set in stone and cannot be altered by the bondsman.
How do you do that? The number one most significant thing to a property bail bondsman when calculating risk is the co-signer. A bail bond is a 3 party contract with the orlando bail bonds, the defendant, and the cosigner on the bond (an person that is agreeing to be held civilly responsible for the full amount of the bail if the defendant fail to appear at all of their court dates) all being parties to the contract. Simply put, find the right cosigner and you could start looking prices in 8%-4% range. The bottom line is the bigger the bail bond, the better the cosigner, the lower the price.
With that said keep in mind that bail bondsman are just people, some are friendly good natured people, some are extremely ill reinforced downright dirtbags. Locate a bondsman who you feel you can trust and work with them. Price is not everything, remember a pacte bondsman has full police arrest rights on the defendant without naming any reason whatsoever to the courtroom system. I am aware many bail bondsman who have written very large bonds and then simply re-arrested the defendant a few days later to discharge their legal responsibility on the bond. This is generally properly legal and the bail bondsman is under no obligation to return your money. Is it ethical, absolutely not, is it legal? Read your states bail laws very clearly.
It’s known that some Los Angeles bail bonds companies spend in excess of $100, 000 a month on various print media. There’s still a demographic out there that doesn’t head to Google or another research engine to find a needed service such as a bail bonds organization. Although this population of possible clients is downsizing by large percentages every year, the bail provides companies still feel you need to keep their positions in offline advertising.
Now, the Los Angeles Bail Provides companies get a call from your mother who has a son in imprisonment for a $25, 500 domestic violence charge. Typically the call goes such as this. “Hello, my son with the Los Angeles Jail, his bail is $25, 000 for a domestic violence charge. What do I need to do to get him out? ” Bail Bondsman: “Thank you for calling Mam, you will desire a state regulated high quality of $2500, paid to us, the bail a genuine company, to bail the son.