How do You Become a Bail Bonds Agent?
Bail bonds agents must be licensed in the state of California. A bail bonds agent may also choose to become a bounty hunter. This gives them the authority to go after and arrest a defendant that chooses to flee instead of appear in court. Defendant's who run from the law are considered to be fugitives. In some cases, bail bonds agents choose to leave the bounty hunting to another person. Former athletes and police officers often find work as bounty hunters and bail bonds agents.
In order to open a bail bonds agency, a license must first be secured. A business license will also need to be obtained from the county (in some cases, the city will issue the license) depending on where the business is to be located. The business name must also be registered with the state and county government so a trademark can be obtained. Setting up an office, opening a bank account and determining marketing strategies are things are all part of setting up a bail bonds agency.
Bail bonds agents should have a working knowledge of sureties, bail bonds contracts and insurance companies. This will help them get the best bond rates possible. It is also important to have a good working relationship with law enforcement officers, bounty hunters and members of the judicial system. Working with attorneys on a regular basis will build a network of contacts that can provide referrals to one another.
A person can get into the bail bonds business in several different ways. It is important to understand the financial risks involved when working with bail bonds. If a defendant fails to appear in court, you will be responsible for the entire bond amount. Just one defendant can cost you thousands of dollars. For a person to become a bail bond agent, they must have a working knowledge of how surety insurance companies work. This involves knowing what will take place if a defendant flees the court's jurisdiction and the entire bail bond amount becomes due and payable.
When you need the services of a reputable bail bonds agent, call Tedd Wallace Bail Bonds. Our agents are dedicated to offering their clients the best possible service. Our agents serve San Jose, California and the surrounding counties. We can help you come up with the funds you need to post bail for your loved one. We go over and above what is expected and will take the time to answer all of your questions. Call 408-293-6900 and speak to one of our qualified, licensed agents.