Premium is not the full bond amount
Colorado law limits the premium or commission charged by a professional cash-bail or cash-bonding agent to no more than the greater of $50 or 15% of the bail furnished. The final written agreement should identify the applicable premium and any lawful additional charge.
Collateral secures an obligation
Collateral is separate from the premium. It may secure compliance with the bond, an unpaid balance, or certain actual costs allowed by the agreement and Colorado law. Ask what is accepted, how it is documented, and how release will be confirmed.
Use this signing checklist
- Receive the premium and payment schedule in writing.
- Identify every fee and why it is being charged.
- Document all collateral with a receipt and description.
- Understand the co-signer’s duties and default terms.
- Keep signed copies and proof of every payment.
Common questions
Is the bail bond premium refundable?
A professional service premium is generally payment for posting and carrying the bond, not a deposit with the court. Read the agreement and ask for refund terms in writing before signing.
Is collateral the same as the premium?
No. Premium is the charge for the bond service. Collateral is property or value pledged to secure defined obligations.
Check the current source
Procedures can change. These are the sources used for this page.
Colorado Revised Statutes § 10-23-109Colorado Judicial Branch: Types of Bonds