How does CCW Safe's bond coverage work?
Once a member has made an agreement with a bond company or bail bond agent to bond them out of jail, CCW Safe will pay the bond company or bail bond agent fee up to 10% of the required bail set by the court. The bond company or bail bond agent will then bond the member out of jail and take on the “bond” agreement with the court to pay the bail in full if the member does not show up to their set court dates.
So, on a $500,000.00 bond coverage, CCW Safe would pay a bond company or bail bond agent fee up to $50,000.00. On the $1 Million dollar coverage, CCW Safe would pay up to $100,000.00 on a bond company or bail bond agent fee.
CCW Safe DOES NOT pay the remainder of the bail cost (90%), we simply cover up to 10% of the bail, which is the bond company’s non-refundable fee for making a “bond” agreement with the court to bond an individual out of jail.