Bail bonding is undoubtedly the profession with the most confusion in our legal system. Lawyers, clerks, even criminal justice magistrates who are exposed on a daily basis to bail bonds can often provide the most basic explanation of the process. This is compounded by the fact that most citizens who are in a position to need a bail bondman (or at least think they do) will often find themselves in a confused state due to the stress of having a loved one in jail. Needless to say, bail bondsman tends to enjoy more than a competitive edge when it comes to negotiating terms and conditions of their service, if any negotiation is done. Learn more about bonds.
So how does an individual with no knowledge of what this mysterious profession really involves make sure they don’t pay more than is reasonable?
Let me start by stating clearly that this article is intended to explain only enough about bail bonding itself to give the reader sufficient knowledge to get the best price. I do not plan to explain the entire bail bonding process because, in fact, the specifics need not be understood to get the best deal. Additionally, we are discussing LARGE bail bonds. No bail bondman would be involved in entering into heated discussions for a bail bond of $1,000. Either you pay the fee, or your bailee will probably just remain in jail. There is one mandatory topic that needs to be covered in order to limit your negotiations to bail bonding companies that are actually able to help you, and that’s the difference in bail bondsman for security and property. That is going to be covered soon, first let’s look at the typical bail bond.
Surety bail bondsman – Surety bail bondsman make up the world’s biggest bail bondman. There are individuals that are businesses who have no real assets of their own to back up the bail bond they write. Instead of using real estate the bail bondsman partners with an insurance firm that actually supplies the bail bond collateral. Since an insurance firm is involved Surety bail bondsman is actually a form of insurance agent and as such must have an insurance policy for property and casualty.