What are bail bond rates?

What are bail bond rates and is it possible to negotiate a cheaper rate?

In California, bail bond rates are set by the state, and it is not possible to negotiate a cheaper rate. The state-mandated bail bond rate is 10%, and if a bail bond company approaches you with a cheaper one, then you should remain cautious. This likely means that the company is not properly licensed to do business in the state of California. 

However, it is possible to get a “better” deal — even if it isn’t necessarily an option to get a better rate.

For example, some bail bond companies might accept more forms of collateral, which could prove to be useful in your particular situation. Another example would be payment terms. Some bail bond companies may require the fee all up front, while others might be willing to work with you and negotiate payment terms that suit your individual financial needs.

Therefore, while the bail bond rate itself is non-negotiable, you do have options. Make sure you conduct research and find a bail bond company who is willing to work with you and your family during such a difficult time.

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