Working with Carroll Collins Bail Bonds in the State of Florida
Bail Bond Process & Cost
In the State of Florida, the defendant (inmate) will require two steps to gain his/her release from jail.
1. Needs collateral for the full amount of the bond.
- If the defendant (inmate) is a homeowner, or has a qualifying job, often times they can sign for themselves.
- If the defendant doesn’t qualify, they will need co-signers (Indemnitors) to sign and guarantee the defendant’s appearance in court until the case is over.
- Collateral for the full amount of the bond can vary widely – sometimes it’s as easy as a signature. We are able to accept signers anywhere in the United States by fax or email. Local Indemnitors and all defendants must report to our office to sign paperwork within 48 hours of release.
2. The fee for posting the bond is 10% for any bond $1,000 or more.
- There is a minimum fee of $100 per charge for any bond less than $1,000. The fee is called the “premium” and is non-refundable. We accept cash, checks, credit cards (MasterCard, Visa, Discover and American Express), wire transfers and Western Union. Payment arrangements can be made for higher premiums.
- For example, if the bail amount is $20,000, the premium charged would be $2,000. However, if the bail amount is set at $500 for two charges, the premium charged would be $200; $100 per charge. These fees are the same throughout the State of Florida and are regulated by the Florida Department of Financial Services.
- In Federal Court, the bail bond fee is 15%.
Collateral + Premium = Release