What is a Bail Bond & What Does It Cost?

Bail bonds, sometimes called ‘surety bonds’ are used to have a defendant released from jail, without having to pay the entire amount. Kind of like an insurance policy, the bond is submitted to the jail and the promise to “make good” on the bond is put into play.

What’s great for the consumer is the bail bond company will only charge 10% of the total amount, which makes it financially easier to bail someone out. Therefore, if the bail is set at $20,000, the consumer would only have to pay$2,000 for the defendant’s release. Further, in certain situations like if the person is using an attorney, the bail agency can legally offer an 8% bond, which would make the premium $1,600 instead of $2,000.

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2 responses to “What is a Bail Bond & What Does It Cost?”

1. bail bonds in las vegas writes:
   

   That is great that it can get down to 8% in certain situations out there. The 15% figure does not budge out here.

   @ June 16th, 2010 at 11:36
2. Tonya Page writes:
   

   Hi, Vegas, Do you have problems with bondsmen undercutting? It’s definately illegal, but we hear about it happening.

   @ June 16th, 2010 at 13:11