A bail bond
indemnitor is the co-signer for the bail bond. The indemnitor is
responsible for seeing that all premiums are paid for a defendant’s
bail bond.
Bail bonds are normally good for one year. If the case continues for
longer than a year, additional premiums will be due and collected
for each year the case goes on.
Bail bond premiums are not refundable, as they are used for the bail
agent's expenses, etc. The indemnitor is also responsible for
additional expenses incurred by the bail agent in the transaction of
a bail bond, such as long distance calls, travel, etc.
An indemnitor is no longer liable for the defendant’s bond when the
defendant has completes all of his/her court appearances, and when
all premiums have been paid. It is best to contact the bail bond
company when the bail bond is exonerated by the court, for the
expedient return of any collateral pledged and to confirm that the
bond is exonerated.
In the event of forfeiture, the indemnitor is liable until the full
amount of the bail has been paid, plus any expenses incurred, or
until the court exonerates the bond. The bond then becomes void.
