The premium charged for a bail bond typically is 10% of the bond amount. In other words, if a bond is a secured or surety bond set at $5000, $500 premium is paid for the bond. The premium can be paid with cash. In some cases, arrangements for a payment plan may be acceptable. The premium is not refundable.
In addition to premium, collateral may need to be pledged for the bond. This might include cash, real property, personal property, an assignment of an interest, etc. Collateral is not returned until the bond is exonerated and all liabilities associated with the bond are satisfied.
