The California Department of Insurance has set a standardized 10% fee to all companies known as a Premium. A ‘Filed Rate’ with the Department of Insurance permits an 8% Premium to those who have legal counsel, and to those who are members of a Union or the Armed Forces.
The 10% is based on the total amount of the bond. For example, 10% of a $10,000 bond is $1,000. This is the fee charged by the bail company for a bond. It is non-refundable. The total bond amount will become due, if forfeiture occurs. The Premium is not deducted for the original amount and the Premium is the earned fee for the bail company.