Transparent Pricing
Payment Options & Collateral
Florida sets and approves bail bond premium at 10% of each bond amount for state bonds, and 15% for federal bonds, with a $100 minimum premium per bond. Each charge or offense that requires bail has its own bond, so multiple charges mean multiple bonds. Here's how the premium works, what we accept, and how collateral works.
The Florida 10% Premium
Florida law sets bail bond premium at 10% of each bond amount for state bonds, with a $100 minimum premium per bond. Under Florida law, each charge or offense that requires bail has its own bond, so the premium is calculated for each bond separately. For example, if someone has two bonds — $5,000 and $1,500 — the premiums are $500 + $150 = $650 total. A $75,000 bond has a $7,500 premium. Federal bonds are 15%, also with a $100 minimum. A bond under $1,000 still carries the $100 minimum premium. If an existing bond is re-written on the same case number, no additional premium is charged unless the bond amount is increased. The premium is earned once the defendant is released and is generally not refundable. Rates are filed and approved and cannot be discounted above or below the approved rate.
Accepted Payments
Credit card, debit card, cash, and certified check. Ask us when you call — we will confirm which other payment methods apply to your case.
Payment Plans
Payment arrangements may be available for qualified clients, subject to approval and applicable requirements. Call us and we will explain exactly what applies to your case.
Collateral
Larger bonds may require collateral — typically cash, real estate, or vehicle titles. Collateral is generally held until the bond is discharged and the surety's liability ends, not merely until the first court date. When collateral is returned, it is returned in accordance with your collateral agreement and any applicable lawful expenses.
Faroy Bail Bonds provides bail bond services and general information. We are not a law firm and do not provide legal advice. Court, jail, and release procedures vary by case.
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