Tag Archives: cost of bail bonds

How Much Does a Bail Bond Cost in Indiana

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When someone is arrested, one of the first things they worry about is how much their bail will cost. The amount of money required to post bail varies by state, and in Indiana it’s typically set at 10% of the total bond amount. So, if you’re arrested and charged with a felony that has a $10,000 bond, you would need to pay $1,000 to be released from jail while your trial is pending.

Continue below to explore this topic in further detail.

For Cheap Bail Bonds in Hamilton County, Call 317-919-2489 Now!
For Cheap Bail Bonds in Hamilton County, Call 317-919-2489 Now!

Average Bail Bond Prices in Indiana

The average bail bond prices in Indiana vary depending on the county you are in. In Marion County, the average bail bond price is $10,000. In Lake County, the average bail bond price is $15,000. And in Hamilton County, the average bail bond price is $8,000.

The type of crime that the defendant is accused of also affects the cost of a bail bond. For example, if the defendant has been charged with murder, they may be subject to higher bail amounts than someone facing a minor charge such as shoplifting or disorderly conduct. Furthermore, a judge can impose additional restrictions that could increase the amount of money that needs to be paid for a bond.

The bail agency you choose will also affect the cost of your bond. There are many different agencies throughout Indiana, each with a different fee structure. Some charge an upfront fee while others may offer discounts or payment plans. Bail bond companies typically charge a fee of 10%, but as high as 15% of the total bail amount. This fee can be expensive, but it may be worth it if it means that you can get out of jail quickly. It’s important to do your research and compare prices before choosing an agency to work with.

Additionally, the amount of collateral needed to secure a bond will also influence the cost of your bail bond. Collateral is an item of value that guarantees the defendant’s appearance in court and can include items such as property, vehicles, or cash. The more valuable the collateral, the lower the cost of your bond.

Ultimately, the cost of a bail bond in Indiana is determined by many different factors. It’s important to do your research and compare prices before making a decision. Additionally, it’s important to understand all the potential costs associated with a bond before signing any paperwork or paying any money. Doing so can help ensure that you get the best deal possible and that you’re not taking on any unnecessary risks.

How to Get Help if You Can’t Afford to Post Bail

If you are unable to post bail, you may ask the court for a bail reduction hearing. The court will consider your ability to pay bail and whether you are a flight risk before making a decision. If the court agrees to reduce your bail, you will be released from custody pending your trial.

If you are unable to post bail and do not want to wait for a bail reduction hearing, you may want to consider getting help from a Noblesville bail bond company. Contact Uptown Bail Bonds at 317-919-2489 for the fastest and most affordable bail bonds in Hamilton County, Indiana. We also provide prearranged bail for arrest warrant surrenders.

Related Posts:

Top 4 Reasons Why You Should Choose a Bail Bond Over Jail
How to Use a Bail Bond to Surrender to an Arrest Warrant
The Typical Order of Events After an Arrest in Indiana

Why Are Bail Bonds Non-Refundable?

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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.