If you have learned someone you care for has been arrested it can have your world feeling as if it has been torn upside down. Finding out their bail has been set in the tens of thousands of dollars can have you feeling even more stressed out. If their bail has been set at $50,000, you will still need to pay 10% to a bail bondsman in San Mateo, CA in order to purchase a bond.
California bail amounts are among the highest in the nation, and 10% can often equate to thousands of dollars. Is it possible to negotiate the cost of bail bonds to get a better rate?
The bail bonds industry in this state is regulated by the Department of Insurance (DOI) and they are the agency that has set the rate that we’re to charge our clients. That rate is the same for every bail bondsman in San Mateo, CA, and for others throughout California.
If you are unable to pay that full cost of a bond up front, in full, you will want to ask the bondsman you’re working with if they can help you with a payment plan. Every bail bonds company operates a little bit different. Some offer payment plans; some offer no collateral bail bonds; others require you pay up front in full and require you have a cosigner who owns a house. You will want to be sure to ask lots of questions before you sign any paperwork.
At Adelante Bail Bonds we offer flexible payment plans for those who qualify. Call us now at 650-227-3547 to find out if you are eligble for bail bonds financing.