Bail Bond Insurance Company

Having an understanding of the bail bond process can save a client much undue grief, worry and concern due to lack of familiarity with the arrest, arraignment and bail process. As a bail bond insurance company that has been serving Southern California for decades, it is our pleasure to share our knowledge and expertise with you. Let’s take a look at the bail process and how a bail bond agent can assist you in securing your release or the release of a friend or loved one.

The posting of a bail bond or surety bond is a contractual agreement between a bail bond agent and an individual or cosigner posting bail for a defendant. The bail bond agent’s role is to guarantee to the court that the defendant, if released, will appear to all scheduled court dates. The bail bond is much like insurance, offered by a third-party company or agency that guarantees the court that the bail will be paid in the event that the defendant does not appear as required.

In order for an individual or cosigner to secure bail, collateral is typically established to pay to the court in the event that the defendant does not appear as scheduled. There are many different types of collateral. Forms of collateral may include personal property, a pre-authorized credit card amount, a home, a car, or in some cases, just a signature on good credit. Our team at Lopez Bail Bonds will always work with you to establish the collateral that works best for you and your family, and property is not always required.

Bail Bond Insurance Companies

For the bail bond service, the bail bond insurance company will charge a 10% fee required by the state of California. This is the standard rate for all licensed bail bond insurance companies in the state. Our team offers flexible payment options to ensure the burden is not too much for you and your family. Those companies that accept premiums lower than 10% are acting illegally, and such an action should question their reliability and ability to secure the release of the defendant. So if the bond set is $30,000, then the premium charged by the company is $3,000. This is a non-refundable amount, which

Once a cosigner or defendant has been pre-approved for the bond amount, all required paperwork will be completed to initiate the bail bond process. The bail bond agent will post bail for the defendant and the defendant will be released. The bail and release process can take anywhere from a few minutes to several hours depending on the jail that the defendant is incarcerated in. In Los Angeles County and the surrounding areas, it is always best to contact a bail bond insurance company as soon as possible, as often times defendants are moved to larger jails that take longer to be released from.

Once a cosigner or defendant has been pre-approved for the bond amount, all required paperwork will be completed to initiate the bail bond process. The bail bond agent will post bail for the defendant and the defendant will be released. The bail and release process can take anywhere from a few minutes to several hours depending on the jail that the defendant is incarcerated in. In Los Angeles County and the surrounding areas, it is always best to contact a bail bond insurance company as soon as possible, as often times defendants are moved to larger jails that take longer to be released from.

There are many points to consider when selecting a bail bond insurance company. Some of these items include:

  • Only partner with a bail bond agent that is licensed in the state you or your loved one is incarcerated in.
  • Always partner with an experienced bail bond insurance company that can offer their guidance and expertise.
  • Be sure your bail bond agent is willing to provide you with copies of all contracts and agreements, as well as documentation of your payment.
  • The bail bond agent you choose should be available to you at all times.
  • The bail bond insurance company should charge an insurance premium of 10% in Southern California.

Founded in 1956, Lopez Bail Bonds is a family run business that has been assisting the Southern California community with bail bond needs for decades. Our services have been developed over the years to best coordinate the many elements of the process, from start to finish. We also do our best to remain flexible and adapt to your individual situation. We can negotiate payment terms, offer credit, and often do not require property in order for you to access our services. Whether you’re in need of additional information or your loved one is currently incarcerated, please connect with our team today. Time is of the essence when it comes to dealing with the bail bond process.

For any additional questions about the bail bond process, please do not hesitate to contact ourteam today. We are available 24 hours a day, 7 days a week. Call us today at 888-694-9260. We look forward to hearing from you soon and to helping you with this unfortunate situation. Connect today!