California regulates who can become a bail bond agent. The law requires individuals to meet various requirements to ensure safety and protect the public. Bail bond agents must be 18 years or older. Candidates must pass a background check and complete at least 20 hours of pre-licensing training.
How to Start a Bail Bond Business Step 1: Perform Market Research. Step 2: Meet Licensing Requirements. Step 3: Register Your Business. Step 4: Partner with a Surety Company. Step 5: Set Up Your Office. Step 6: Establish Payment Processing.
Training and Education - Overview. (In a Bail Bondsmen "COUNTY BOARD" County) - -Before you can apply to become a licensed bail bondsman, you will have to complete an apprenticeship under a licensed Texas bondsman. This means: continuous employment for at least a year and not less than 30 hours per week.
Candidates should verify licensing requirements in their area. Gain experience and network within the community. Bail bonds agents and bounty hunters have very close business relationships. Most work for bounty hunters comes from bail bond companies tracking down fugitives who have missed court after posting bail.
Meanwhile, these same for-profit bail companies do exceptionally well financially, taking in an estimated $2 billion in profits in 2019. In addition to the financial consequences, bail bond companies infringe on individuals' rights in other ways.
2. Ensure you meet the requirements Be 18 years of age or older. Attain a high school diploma or GED equivalent. Take a bail bond pre-licensing course. Pass the state exam. Be able to cover all surety financial obligations. Get endorsed by a surety company.
It pays well Although you may not become rich over night while working as a bail bondsman, the earning potential in this career is great. For instance, a bail bondsman working as a part-time agent by just writing three or four bonds a month can make enough income to replace a full-time paying job.
Starting a bail bondsman business is a very attractive venture especially if you understand the growth potential. There are no businesses in the industry that have captured a majority of the market share which means that it is still up for grabs.