A common question that many people ask is when a bondsman in Martinez will refund the bail bond premium.
The California bail industry is regulated by the California Department of Insurance (DOI) and the DOI sets the rate at which we are to charge our clients. That rate is 10%. Some people believe that if the defendant’s case is dismissed, if charges are not filed or if they do what they need to do in order to resolve their legal matter, the bail fee paid to the bondsman will be refunded. This is not the case.
Everyone who writes, negotiates and transacts bail in this state is required to be licensed by the DOI. In that way you can think of bail bonds as being similar to an insurance policy. In this case, though, instead of insuring an item against damage, a bail bond promises the defendant will go to court when required. It also promises that if this person decides to flee and cannot be located within 180 days the bondsman and the person who co-signed the bail contract will pay the defendant’s full bail amount as a penalty.
Bail bonds companies take on a certain amount of liability every time they post a bond. This is why they charge a non-refundable fee for their services.
If you have additional questions about how this process works and wish to speak directly with a licensed bondsman in Martinez, CA call Adelante Bail Bonds now at 925-231-4307. Someone is available to assist you 24-hours a day 365-days a year.