What Are Surety Bonds in Miami

What Are Surety Bonds in Miami?

Surety bonds are the most common type of bail bond in the Miami area. When a defendant is arrested and bail is set, they must pay a percentage of the total bail amount to the bondsman upfront. The bail bond company, which is what we are at Fast 24hr Bail Bonds of Miami Gardens, FL, will guarantee the courts the remainder of the balance should the defendant not follow his or her bail conditions. Bail bond companies are backed by insurers which is why those funds can be guaranteed.

How Do I Get a Surety Bond?

A surety bond is handled directly with us here at 2Gus Bail Bonds of Hallandale, FL. Once the bail amount is set, you can work with 2Guns to pay down the deposit and we will ensure the rest to the courts. A credit check is routine at this stage before both parties commit to any action. We’ve been doing this for the past 5 years, so 2Guns can make the process relatively simple.

How Do Surety Bonds Work?

As mentioned, a surety bond must be purchased through a bail bond company. The amount needed to secure the bond company in Dade County is only a percentage of the total bail amount. There is no more exchange of funds as long as the defendant shows up for court and follows the conditions of his or her bail.

It’s also important to know that courts base bail bond amounts on several factors, including the severity of the crime, whether or not the defendant is a repeat offender, along with Florida state laws which have maximum bail bond amounts set for specific crimes. Within these constraints, judges are allowed to exercise some discretion in setting bail amounts, and in deciding whether or not to give bail at all.

Experienced Surety Bail Bondsman in Miami, Fl.

We know how emotional of a time it is for everyone involved when someone gets arrested. Making decisions becomes more difficult, and raising the funds for the total bail amount often isn’t possible. That’s why we help families through this time by our knowledge of the court process and our experience as a professional bail bond company.

For more information about Fast 24hr Bail Bonds of Miami Gardens, FL, contact us today at 305-917-3360