Our United States Constitution says that all citizens are innocent until proven guilty in a court of law. In many cases, defendants are in fact innocent, and ultimately, get their charges dismissed. However, this does not mean that the arrest experience is erased. A person will still be arrested and taken to jail under the suspicion that they are guilty of committing a crime. In such cases, a person will have to pay for bail bond service if they want to be released from jail prior to their initial court appearance. Of course, they have the option to pay the jail their bond amount full, but many people do not have this type of cash availability.

Many defendants whose criminal charges are ultimately dismissed want to know if they can get refunded for the bail bond fee. Continue reading to learn more about this, including why bail bonds are nonrefundable.

Cheap Bail Bonds Indianapolis IN 317-876-9600

Bail Bond Payments are Nonrefundable

In all cases and scenarios, bail bond fees and payments are nonrefundable. So, if you use bail bond services for let’s say an arrest warrant surrender, but later your criminal charges are dismissed, you will not get a refund for any payments you made to the bail bond company that assisted your release from jail.

Bail Bond Rates

The fees charged by bail bondsmen are regulated by the state. Bail bond agents do not make up their own fees. Most of the time, the Indiana Department of Insurance allows bail bond agencies to charge anywhere between 10% and 15% of a defendant’s bond premium. Currently, Indiana is allowing bail bondsmen to charge as low as 8% for those who qualify.

Here is an example: If your bond premium is set at $10,000 by the judge and the bail bondsman charges a 10% fee, you would pay $1,000 for a bail bond and that money would not be refunded back to you even if your charges are dismissed.

If you want your bond money refunded to you, your only option would be to pay the courts directly and in the full amount. Using the example from before, you would give $10,000 in cash to the courts in exchange for a release from jail. So long as you appear for your scheduled court hearing, you will be refunded the 10K.

Are you looking for a friendly and dependable bail bondsman who can help you get yourself or a loved one out of jail as fast as possible? Contact Woods Bail Bonds at 317-876-9600 for 24 hour bail bond services you can trust. We also offer prearranged bail bond service for arrest warrants.