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Can the bail bond agent discount the fees on the premium?

April 26, 2017agent BAIL Bond discount fees Premium

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Can the bail bond agent discount the fees on the premium?

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The surety files a rate with the department of insurance, which must be changed with the department of insurance before the agent can change the rate. Bail is 10% of the bond amount. Discount fees can lead to the suspension or revocation of any agent’s bail license by the department of insurance. There are companies that legally charge 8% and 15 % under certain circumstances. Always ask to see a rate chart if you feel that you are being wrongly charged.