Who Sets the High Bail Prices?

If you have ever needed to bail a friend or family member out of jail, you have probably seen how expensive it can be. Bailing someone out of jail probably made you wonder who determines the prices for bail and bail bonds.

When people contact a bail bond company to help them bail their friend out of jail, they are usually trying to get a bail at a more affordable price. However, even a bail bond can be too expensive for some people. Some people might think that this is simply because the company is greedy, but that is not the case. Bail bond prices are actually controlled by the Department of Insurance (DOI). In California, bail bond companies have to charge 10% of the price of the bail they are paying for...