Fabie Bail Bonds

A bail bond guarantees payment of the full bail amount to the court if the defendant does not show up. These bonds are offered by licensed bail bond agencies. For supplying these bonds, bail agencies charge a premium. If the defendant fails to appear in court, they must forfeit their bond.

The bond amount is the full amount of the bail that was set by the court. The premium is the dollar amount owed to the bail bond agency for posting the bond. Usually this premium is 10% of the bond amount. For example, if the bond amount is $50,000, the premium owed would be $5,000.