How to Negotiate Bail Bonds in California

There are several bail bond companies in California.charged interest you can find another bail
All these agencies are licensed by the Californiacompany that doesn't. The payment
Department of Insurance. If you look in your localarrangements can be as little as $200 a month,
California phone book under "bail bonds" you willhowever, the bail company will want you to pay
see that these companies have a license numberas much as you can as fast as you can. So a
located on their advertisement. To see the licensediscussion of payment arrangements could start
status you can go to the web siteoff at $400 every 2 weeks until the balance is
insurance.ca.gov and put this number in the licensepaid. So talk to your California bail agent to get
look-up section. Due to the rules and regulationsthe payment arrangements that work for you.
of the California Department of InsuranceThe amount of co-signers can be negotiated as
(CADOI) all bail bond companies in California mustwell.
charge a 10% or an 8% premium for your bailFor instance, a person currently in a California jail
bond. Although all California bail bond companiesmay have several prior arrests so the bail bond
must charge the same, there is still room forcompany may want two or three co-signers. If
negotiation.you have good employment then ask if you can
You will not be able to negotiate the bail premiumbe the sole co-singer or call another bail company
lower than 8%. For instance, if your friend is in jailand see if they will accept you as the only
somewhere in California and his bail is set atco-singer. Sometimes, a co-signer is not available.
$25,000 you must pay 10% or $2,500 to bail himThe person negotiating the bail may not be
out. However, some of these companies have aemployed. If the person negotiating the bail is
special 8% rate filed with the CADOI. In thisunemployed then he/she cannot be a co-singer.
example, you could pay a lower premium atAsk the bail agent if the defendant can co-sign
$2,000 and save yourself $500. In most cases afor himself. If the person in jail has a great job, he
bail bond company in California will almost alwaysmay be able to co-sign for himself.
want to offer you the 10% rate. So even thoughActually a person in a California jail can sometimes
they have an 8% filed rate they will still want toend up co-signing for himself with "no money"
charge you a 10% premium. Therefore thedown. There are numerous advertisements inside
negotiation begins by asking the bail agent on theCalifornia jails for a defendant to call. If he calls
phone if they have an 8% rate.and explains that he has a great job and had a
The 8% rate holds some conditions which youcredit card in his wallet when he was arrested, he
must understand. Either the co-signer or themay be able to co-sign for himself. Once the
defendant must be in the U.S. Military, a Veteran,bondsman verifies employment and confirms with
a Union Member, or must have hired a privatethe jail that a credit card exists on the books, he
attorney. If you can't find a co-singer that hasmay go to the jail and post a bond for the
one of these criteria you will have to pay 10% ordefendant's release. Upon release the defendant
$2,500 in our example above. However, you canwill then be required to meet the bondsman, sign
still negotiate the down payment of the bond.the contracts and pay for his bond or down
Almost all California bail bond companies acceptpayment.
payment arrangements but you will need to haveOther times the defendant may be unemployed
a down payment. Many of these companies willbut have cash on his books from when he was
advertise "No Money Down" but this type ofarrested. In this case, all you would need is a
program is reserved for individuals that own aco-signer with a good job. More than likely you will
home with equity or for someone who has abe able to find a bail company in California to post
great job and credit who can pay the full amountthe bond and wait until the defendant is released
or down payment within 24 to 48 hours. A greatto collect the payment. There are many situations
job is someone who works as a nurse, computerwhere you can negotiate with a bail agent for the
programmer, engineer, and so on. Actually the jobrelease of someone in jail.
title of the co-signer or defendant will make aRemember the parts you can negotiate with a
difference on the amount you must put down.California bail bond company such as the 8% rate,
With a good job title, which can be verified withthe down payment, the payment arrangements,
paystubs, you can put as little down as 3%. Inand the amount of co-signers. If the co-signer or
our example above the down payment would bedefendant has a limited budget but good
$750 or 3% of $25,000. When you discussemployment there is a way to get out of jail fast.
payment arrangements make sure the balance isTalk to your California bail agent by giving him the
interest free. Most bail bond companies incircumstances of your situation and he may be
California charge no interest so if you're beingable to help you.