Is it legal to write 7% Bail Bonds?

Bail Bonds must be written at filed rates that a surety company has with the Deptment of Insurance. California rates are 8 and 10 percent.

Prop 103 made it legal for Insurance agents (Bail Bond Agent) to give Partial Agent Commision Rebates. The bond is written at 8% and agent commision rebate is applied.

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