What are the types of bail bonds?
The main types include: • A surety bond: A contract with a bail agent for the bail amount. A surety (insurance) company underwrites the bond in exchange for payment of a premium percentage of the bail’s full amount. Some form of collateral secures the remaining bond amount. • A cash bond: The full amount of bail posted by the defendant in cash. • A federal bond: A bond for cases that deal with federal offenses (like interstate crimes). • An immigration bond: A bond set for someone held by the U.S. Immigration and Naturalization Service (such as an immigration violation).
