Don’t make the mistake of paying your bail bond premium twice. Some bond companies have a one year expiration causing clients pay for a new bond or go to jail . Jane Doe was arrested for a murder charge and had a 1 million dollar bond amount. Her family posted bond paying 8% or $80,000.00. On the 11th month they got a call asking how and when they planned on paying the premium all over again. The bail bond expired at 1 year and the clients were forced to get a new bond in weeks. Feeling like the bond company was not ethical the client started calling other bond companies.
When I got the call the first thing I did was make sure the client tried to get a bail reduction. After all she had been showing up at court on time for a year now. The judge did grant her a small reduction from 1 million to $750,000 which is a 25% savings on a bond.
Next I saved her another 25% with a CA Prop 103 rebate. This took the bond from net cost of 8% to 6% a 25% savings. The first bond company wanted another $80,000.00 from Jane and by calling Chad Conley Bail Bonds she paid $45,000.00.
Let me break it down for you
If Jane come to Chad Conley Bail Bonds first she would have paid $60,000.00 one time for the life of the case.
Even though I saved Jane $35,000.00 when she came to me she ended up paying a total of $125,000.00 for her bonds. This is 25% over the highest price a bond can be written for or double what she would have paid Chad Conley Bail Bonds had she found us first. We carried Jane’s bond for 2 1/2 years while she fought her case.
Buyer Beware when selecting a bail bondsman. Not all bondsmen are the same. What you pay now is generally the most important thing on peoples minds when their loved one is in jail and they want to get them out. A majority of the bail bond companies out there still have a 1 year expiration on their bonds. For most smaller cases this is not a problem but you never know what will happen along the way. Making case or plea decisions based on having to pay premium twice should not happen.
Make sure your bondsman is licensed with the CA Department of Insurance.
Make sure you have all cost through the end of your case in writing.
My name is Chad Conley aka; Chad The Bail Guy.
I am here to personally help you with your bail bond. I will help you make an informed decision and save you money.