How to Start a Bail Bond Company Synopsis
It is strongly suggested that anyone thinking about opening up a bail bond agency first have small business experience. A bail bond company as a first small business venture may become highly problematic and very quickly.
Those who have a successful history of running retail stores or other lines of insurance companies may all experience a more tranquil transition either starting a new bail bond business or returning to self-employment by and through posting bonds at his or her local jails.
Lastly, having worked for an existing bail bond agency as a licensed bail agent or licensed bail enforcement agent is a good way to learn more about what is being considered.
The following is a snapshot of things to consider before taking action and then suggested courses of action to follow up on.
Step One: Study your local bail demand and bail agency competition. It is important to learn as much as is possible about the bail market in your intended area of operation.
Step Two: Take time to learn the requirements and qualifications to secure a California Bail Agent license.
Step Three: Enroll in a California State Approved Bail Education certification course that focuses on what you need to know in order to pass the State Bail Exam and operate a bail bond agency within all applicable California Legal Authorities.
Step Four: Take and pass the extremely difficult California Bail Exam
Step Five: Apply with a surety, and a list of sureties is below for consideration.
Step Six: Submit the application to advance in the bail agent licensing process AFTER securing a surety that will appoint you.
Step Seven: Enroll in a Penal Code §832 40-Hour Powers of Arrest Course that legally required for bail agents who have any contact with Bail Fugitive Recovery Agents.
Step Eight: Clear the background and receive notification that your license has gone active.
The above is an extremely rudimentary description of how to start, and a more advanced and detailed way to get started in bail bonds is taught at all Bailspeak classes as required by the California Department of Insurance Education Objectives.
Some Sureties that may Transact Bail in California
(Not Bailspeak Endorsed - For Informational Purposes Only)
American Surety Company
P.O. Box 68932
Indianapolis, IN 46268
250 East 96th Street Ste. 202
Indianapolis, IN 46240
Phone: (317) 875-8700
Fax: (317) 875-0859
https://www.asc-usi.com/become-a-bail-bond-agent/
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Lexington National Insurance Corporation
11426 York Road, 2nd Floor
Cockeysville, Maryland 21030
Toll Free: 888-888-2245
Office: 410-625-0800
https://lexingtonnational.com/bail-bonds/join-our-team/
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AIA Surety
1 Baxter Way, Suite 130
Westlake Village, CA 91362
Phone: (800) 935-2245
Fax: (818) 449-7100
https://form.jotform.com/201494968153160
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Fire Casualty & Surety, Inc
3131 Eastside Street, Suite 250
Houston, Texas 77098
Phone: 877-737-2245
Fax: 713-351-8401
https://fcsurety.com/applications/
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