Do Bail Bonds Cost More for Felony Arrests?

It is common knowledge that a felony arrest is a bit more serious than a misdemeanor arrest. Those arrested on a felony charge are tried and sentenced on a federal level rather than a state level, so the resulting legal penalties and social consequences are generally harsher than that of a misdemeanor conviction. Although felony arrests are serious, most defendants are still granted bail privileges. Using a bail bond provided by a local and licensed bail bond agency is one of the fastest and most secure methods of obtaining a release from jail after a felony arrest.

Continue reading to learn what you can expect from felony bail bond services, including the average cost of a felony charge bail bond and the usual terms and conditions it comes with.

Federal Bail Bonds Hamilton County Indiana 317-919-2489
Federal Bail Bonds Hamilton County Indiana 317-919-2489

What You Need to Know About Bail Bond Prices

When it comes to the average cost of a felony bail bond, there is good news and bad news. The good news is that bail bond prices are regulated by the state, more specifically the Department of Insurance. This means you can count on bail bond prices being as economical as possible, and therefore reasonable for most consumers. State regulation on bail bonds prevents shady or unethical bail bond companies from overcharging clients based on their own personal beliefs or prejudice, or price gouging those who appear wealthier than other clients.

Now for the bad news. Although bail bond prices are regulated by the state, there is still a range of discretion for bail bond agents. Right now, Indiana bail bond companies are permitted to charge anywhere from 10% to 15% of a person’s bail bond premium.

For instance, if a defendant’s, bail is set for $10,000, a bail bondsman can legally charge anywhere from $1,000 to $1,500 for a bail bond. That is 10% to 15% of $10,000. It is important to take note that, in all cases, bail bond fees are nonrefundable.

Average Bail Bond Price for a Felony Arrest

When it comes to paying for bail bond for a felony arrest. Defendant, you can expect the price to be just a bit more than someone who was arrested on a misdemeanor charge. That is because the bail bond agency is taking on more liability. In most cases, felony bail bond prices are still very fair and on the lower end for first time or non-habitual offenders.

For felony defendants who have been arrested for felony charges or convicted of felonies in the past, they can expect their bail bond price to be higher. For those who have fled the court system before, they may be given the highest bail bond price or denied bail bond service altogether.

Are you looking for a qualified Noblesville IN bail bond company to get your loved one out of jail after being arrested on felony charges? Contact Uptown Bail Bonds at 317-919-2489 for the fastest and most affordable bail bonds in Hamilton County, Indiana. We operate 24 hours a day and 7 days a week, so there is always an Indianapolis bail agency and invited to your call!

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FAQS About Bail Bond Prices

Noblesville Bail Bondsman 317-919-2489

Noblesville Bail Bondsman 317-919-2489

There are so many questions that run through a person’s head when they get the news that a friend or loved one has just been arrested. And rightfully so; learning of a loved one’s arrest is alarming enough, but undertaking the responsibility of posting their bond is another level of stress. Fortunately, you can get anyone out of jail with the help of a local bail bondsman, so long as their charge is not murder. A bail bondsman will ask you for some pertinent information regarding your loved one’s situation.

So before calling a bail bond agency, have this information ready to go if you can:

➜ First and Last Name
➜ City/County of Arrest
➜ County Jail (optional)
➜ Booking Number(optional)
➜ Bond Amount

If you know the first and last name of the person who was arrested, as well as the county they were arrested in, the bail bondsman can secure the county jail and booking number for you. However, having this information ready for the bail agent makes the process a little more efficient.

Bail Bond Prices

Hamilton County Bail Bonds 317-919-2489317-919-2489

Hamilton County Bail Bonds 317-919-2489

Aside from having questions about obtaining a bail bond and release from jail, almost everyone has questions about bail bond prices. And you can never be too informed when it comes to money. Continue below for some of the most frequently asked questions regarding this topic, and perhaps get some answers for yourself before contacting the bail bond company.

Can a Bail Bondsman Offer a Discount on the Bail Bond Premium?

No matter what you’ve heard about bail bond discounts, they simply do not exist. If prices among bail bondsmen differ, it is because individual agencies are choosing a different state-regulated minimum and maximum for bail bonds. See below.

Is One Bail Bondsman Cheaper Than Another?

There are cheaper bail bonds in some counties as compared to others. It all depends on what the Department of Insurance allows, and whatever a bondsman chooses to sell their services for. The general state minimum and maximum is 10 to 15%, but some are as low as 8%. Talk to your trusted bail bondsman for the current state minimum for bail bonds.

What Collateral Do Bail Bond Companies Accept?

Acceptable collateral for bail bonds vary among bail bondsmen. It is usually a personal preference as to what they will and will not accept, and also personal discretion as to who they choose to accept it from. Examples of collateral commonly accepted in the bail bonds industry include real estate, cars, credit cards, stocks, bonds, bank accounts, jewelry, and personal credit.

Hamilton County Bail Bonds

Hamilton County Bail Bonds

Hamilton County Bail Bonds 317-919-2489

Call Uptown Bail Bonds at 317-919-2489 for Hamilton County bail bonds you can trust. We offer 24 hour bail bond services in Noblesville and its surrounding neighborhoods. Contact us anytime to request free estimates and jail information, or to perform an inmate search. Our Noblesville bail bondsmen are eager to get you out of jail in Hamilton County, Indiana.

Why Are Bail Bonds Non-Refundable?

The number one question all bail bondsmen get from phone calls and clients has to do with paying for bail bonds. So many people want to know if they’ll receive their money back after a trial or case has closed, or when a defendant completes probation. The quick answer is that bail bonds are not refundable, ever. Just like buying a share of stock, you cannot ask or get your money back once you have agreed to the transaction. Continue reading to learn more about why bail bonds cannot be refunded, and who you can trust for accurate and honest answers to all your bail bond questions.

Non-Refundable Bail Bonds

Although a popular circulating question, lawyers, police officers, and jail staff might not have the appropriate answer for you. It is always best to consult a licensed bail bondsman directly for accurate and updated answers to questions about bail. No matter what ends up happening in court, a defendant cannot get a refund for bail bond services. And all bail bond agencies will inform clients upfront that there are no refunds for their services.

The reason bail bonds are not refundable has to do with liability. A bail bond company is assuming all responsibility for a client, in terms of bond amount and initial court appearances. If a person fails to appear for their initial scheduled court date following their arrest, the bail bond company that provided their services will have to forfeit all of the money they “put up” for the defendant’s release from jail.

So if a person’s bond is set at $10,000, they can either pay that money in-whole to the jail to be released, OR, they can purchase a bail bond for 10-15% of that amount (Ten to fifteen percent is the standard Indiana rate for bail bonds). That 10 to 15% is non-refundable because if the defendant misses or skips their court hearing, the bail bond company does not get back the $10,000 THEY paid to have their client released from jail.

Murello’s Uptown Bail Bonds

Bail Bonds Boone County Indiana

Bail Bonds Boone County Indiana 317-919-2489

Call Uptown Bail Bonds at 317-919-2489 for prompt and professional 24 hour bail bond services in Noblesville, Indiana. We are licensed, bonded, and insured bail bondsmen with decades of experience in the indemnity industry. We offer a wide variety of bail bonds, as well as, notary services, jail pickup and drop off, inmate searches, and more! Call 317-919-2489 to get out of jail in Hamilton County, IN today.