Very few people will ever find themselves in a situation where they are asked to help arrange bail bonds in Burlingame. If you have begun the process of looking for a bondsman you have likely found out that the cost to purchase a bond is set 10% of the defendant’s total bail amount. At the same time, this percentage can still equate to thousands of dollars. Is it possible to negotiate a better deal or discount? What about the companies that advertise a 2% rate?
What most people do not realize is that the fee a bondsman charges their clients is not set company by company. The commercial bail industry is regulated by the Department of Insurance (DOI), and the DOI is the agency that has decided on the 10%, statewide rate. An bondsman who sells bail bonds for more or less than the legal rate is subject to fines, penalties, criminal prosecution and even jail time.
The companies that advertise discount, 2% bail bonds are doing little more than using deceptive marketing tactics. That low rate typically refers to the amount of money a client would need to put down if they wanted to enroll in a payment plan. Once they take a closer look at the paperwork they will soon realize they are not getting a discount at all.
At Adelante Bail Bonds we may not be able to sell you the “cheapest bail in town” but we can offer you more than 40 years of experience and BBB accredited service. Call 650-227-3547 now to speak with a licensed agent in your area.