Covina Bail Bonds FAQs
What is a Bail Bond?
A Bail Bond or a Surety Bond is a contract guaranteed by a state licensed bail bondsman who is backed by an insurance company.
The bail agent or the bail bonds agency is responsible for the full bond amount in case the defendent fails to appear to all court dates. Make sure you always deal with a licensed bail agent.
What is the cost of a Bail Bond?
In California the bail bond premium is 10% of the bail amount. Each state sets their rates and the rates are non-negotiable.
The bail bond has no hidden fees or taxes. For example if the bail amount is 50,000 then the bail bond premium or the fee will be 5000. The Bail Bond agency in California (by California law) is not allowed to charge more than 10%
What is Collateral?
It's something of value pledged for the repayment of a loan or to ensure that you will indeed pay the debt.
Bail bond agencies will sometimes require collateral to make sure that the defendent will show up to all court dates. In most cases the collateral used for bail bonds is in the form of cash or real estate. The collateral will be returned immediately once the case is resolved. If you have any question about collateral contact Covina Bail Bonds.
How is the bail amount set?
Public safety is always taken into consideration before the bail amount is set. The more severe or dangerous the crime the higher the bail amount . County bail schedules will generally include bail amount for the crime and also for extenuating circumstances. For example a bail schedule for driving under the influence of alcohol or drugs (DUI or (DWI) will also include a higher amount for the DUI if there was an accident with an injury or fatality.
How do i pay for a Bail Bond?
Our Bail Bond Agency accepts cash, visa, MasterCard, American Express and Discover. We understand that sometimes our clients don't have the amount needed for a bail bond on hand.
We do have different payment options. Like flexible payment plans or 0% financing. Usually we don't require collateral. For more information please contact our Bail Bonds in Covina at (626) 722-5267
Do you offer financing?
We do have financing.!
We offer 0% financing
We will work out a payment plans that fit your budget.
Quick Bail Bonds Covina offers collateral based bail bonds to qualified applicants.
We accept co-signers, Please make sure you understand your responsibility as an indemnitor before signing.