The only exposure most people have to the commercial bail industry is based on what they have seen on television or in the movies. The idea of needing to purchase San Mateo bail bonds is likely a foreign concept. If you pick up the Yellow Pages or do a quick Internet search you’ll find there are hundreds of companies that offer this service. How do you know who will give you the best deal?
Sometimes people will start off by calling company to company. They will tell bondsman A that bondsman B promised them a lower rate and if they can match or beat it they will go with their company. Other times they will simply try to haggle and try to get a deep discount for paying up front, in full, in cash.
You may be surprised to learn that the California bail industry is regulated by the Department of Insurance (DOI). The DOI, not individual San Mateo bail bonds company owners, sets the rate that people in our industry are to charge our clients. This rate has been set at 10%. If a defendant has a bail amount of $30,000 you can expect to pay $3,000 to purchase a bond.
Some companies require their fee be paid up front in full. Others offer flexible and convenient payment plans. Every bondsman might be required to charge the same rate but that is not to say that they are all the same. You will want to be sure you find a company that you feel is best equipped to handle your individual situation. If you need a payment plan, you’ll want to be sure you hire someone who is able to work within your budget.
For more information on zero percent bail bonds financing call Adelante Bail Bonds now at 650-227-3547.