Delaware Bail Bond Costs and Fees
In the state of Delaware, the cost of a bail bond is set by law. The fee for a bail bond is set at 10% of the full bail amount. For example, the average bail amount in Delaware is $25,000, so your cost for the bail bond would be $2,500. Please note, these rates are non-negotiable and set by the Delaware Department of Insurance.
You will not be charged any hidden fees or taxes by New Castle Co Bail Bonds. Having bail bond fees set by Delaware law makes it easy for you since you don't need to call multiple bail bond companies to compare rates. Legally, it is all the same rate.
Beware of "Bait and Switch" Bail Bondsmen
Often times, there are bail bond companies or bail bondsmen who try to get your business by offering you a discount or cheaper bail bond rate. Be advised that
it is illegal to charge more or less than the state-approved rate.
If you discover a company that is trying to offer you a cheaper rate, they may be acting illegally or it could be a "bait and switch" situation where you arrive at their office to sign the contracts and the bail bondsman offers a different rate than you originally agreed to.
Keep in mind, especially If you are using your house for collateral, you do not want to work with a company that is behaving unethically. At New Castle Co Bail Bonds, you will always get the state-approved rates.
Financing and Payment Options
Servicing the local area for 20 years, New Castle Co Bail Bonds offers
affordable financing and flexible payment plan options. Our payment and financing requirements are tailored to your individual situation. Trust our bail bond agents to help you decide on the best option.
Collateral is something of value that is used to ensure performance. Sometimes a bail bond company will receive collateral to ensure the defendant will appear in court. At New Castle Co Bail Bonds, we can often negotiate no collateral bail bonds. Also known as "signature bonds," no collateral bonds require only your signature and the fee in order to obtain the bond.
Collateral is typically only used for larger or more risky bonds. At our locally owned business, we accept collateral in the form of Delaware real estate. Using a home as collateral allows us the peace of mind that the liability is covered and provides the defendant incentive to take care of their legal issues.
After the defendant's case is resolved and all financial obligations are satisfied, the collateral is returned to the individual who pledged it. The bail bond company is required by law to return collateral at the resolution of the case.