Licensing Requirements
There are two types of bail bondsmen in VA: surety bail bond agents and property bail bond agents. Specific requirements for each are detailed below.
In order to be licensed as either a property or surety bail bondsman a person shall:
Be 18 years of age or older,
Have received a high school diploma or GED, and
Have successfully completed the bail bondsman exam required by the Board or successfully completed prior to July 1, 2005, a surety bail bondsman exam required by the State Corporation Commission under former § 38.2-1865.7 .
Licensing Process for Surety Bondsmen
Prior to the issuance of a surety bail bondsman license, each surety bail bondsman applicant shall:
Submit proof of current licensing as a property and casualty insurance agent validated by the State Corporation Commission.
Submit copies of each qualifying power of attorney that will be used to provide surety.
Statutory Rates (Premium must be charged in accordance with PSC -S3GA filed rates for this state.)
Premium Rate: 12%
Minimum Premium: $60
Federal Rate: 12%
Collateral - Mortgage Form
Remission Not Applicable
State Fees Per Bond - 2% of Liability of bond
(must be added to price quote)
Sheriff's Fee: $30 per bond