How Does A Bail Bondsman Determine Your Premium Payment?
A bail bond is much like a short-term loan, where you pay a flat rate premium to borrow the money needed to get out of jail. Each state has its own rules regarding the maximum premium that can be charged for a bail bond. However, the bail bondsman does have some leeway about how much of a premium they will charge. Here are some of the things they consider when deciding on the premium that will be paid.