How to understand the Basics of a Bail Bond? bail bond annual premiums To understand the process, we need to first know what bail is and how it works. There are 3 types of bail that anyone can post, property bond, cash bond and surety bond. The first two options, property, or cash bond stipulate that you or someone in the defendants’ behalf puts up property or cash for the full-face value of the bond. The benefit to posting bail in this manner is that you do not pay the bail bond fees or premiums, but the disadvantage is that you tie up financial resources for the duration of the bond. Once the bond is exonerated, whoever puts up the cash or the property gets it back unless the court orders a forfeiture. When individuals lack the ability to put up the bond in full, this is where we can step in and fill that gap. The bail bond agency essentially acts as an underwriter for the surety company and assumes the “risks” in exchange, the signers and or defendants only pay a percentage of the bail ordered to the surety company. Typically, the same terms and conditions apply to a surety bond and as they do for property or cash bond. Once the defendant appears to all court appearances and reaches a disposition, the bond is exonerated, there is no more liability on the bond. bail bonds large bail