What is an indemnitor? An indemnitor is the person signing for the defendant and guaranteeing that the defendant will go to court each and every time until the case is closed or the bond is exonerated. 

Who is the defendant? The defendant is the person in jail.

What is premium? Premium is the fee that the indemnitor pays to purchase the bail bond. Since the premium is our fee, it is not something that is typically refundable.

What is collateral? Collateral is something of value, often a title to a vehicle, a deed to a property, or even cash, pledged by the indemnitor or defendant to help secure the bond. The collateral can be returned once the bond is exonerated.

What is exoneration? Exoneration is when the court releases the bond. This can occur when the case is closed or when the judge in the case decides to release the bond. A copy of the original bond is mailed by the court to our office. Once we receive the official copy of the exonerated bond, collateral can be released.