You must meet all the legal requirements to operate a bail bonds company. Take the required classes and ensure they are approved by the state bar of Texas. You will also need to pass the national bail bond agent exam. Next, you'll need to work on registering your bail bonds business in Texas.
Background Check and Disqualifications A clean background is crucial. You cannot have any felony convictions. If you have a felony on your record, you are automatically disqualified from becoming a bail bonds agent.
Starting a bail bond business can be a profitable endeavor with significant growth potential.
Texas law requires every bondsman to take at least 8 hours of in-person classes approved by the state bar of Texas. Bondmen must also be age 18 or older. Further, any conviction for a misdemeanor involving moral turpitude or a felony will disqualify someone from being a bondsman.
The bond must meet the following requirements: Filed with TxDMV before a permit is issued. Issued and signed by a resident Texas agent or issued by a non-resident agent with a valid Texas insurance license on behalf of an authorized insurance company. Issued on Form 439 for $10,000.
To obtain a license, bond producers must complete coursework requirement and pass a written examination and background check. Professional surety bond producers are knowledgeable about surety products, the surety market, and the business strategies and underwriting differences among sureties.