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What is the premium paid for all bail bonds in Virginia?
A:
A - Bail bond premiums schedule in the state oif Virginia is 10%. Q - What is bail A - The term bail is used in several different ways: (1) it may mean the security-cash or bond-given for the appearance of the prisoner. (2) it may mean the bondsman (
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Is bail bonds premium refundable?
A:
Once the bail bond is posted and accepted by a court or jail, liability is taken on the bail bond. At that point the bail bond premium is fully earned and is not refundable.
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As a result of the cancellation of the bail bonds, is the person who paid the agent the original premium for the Amwest/Far West bail bond entitled to a refund of that premium?
A:
No. under the terms of the bond itself and also under applicable state laws, premiums for bail bonds are fully earned upon release of the defendant from custody.
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Is the bail bond premium refundable?
A:
A. Once the bail bond is posted and defendant released by a court or jail, liability is taken on the bail bond. At that point the bail bond premium is fully earned and is not refundable.
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How is the bail "Premium" determined?
A:
Premium amounts are regulated by the Department of Insurance in most states. The premium for a bail bond is generally 10% of the bail amount set by the court.
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