Monday, May 14, 2012

Start A Bail Bond Business In North Carolina

Want people to call you when they are in jail?


According to the North Carolina Bail Agents Association, becoming a bail bond agent in the Tar Heel State can be an "exciting" career and a profitable business. Those wishing to enter the bail business in North Carolina can become a "runner" (that is, an employee who visits jails and interviews potential clients and posts bonds for those who sign up); a licensed bail agent; or a "surety agent," meaning you are legally authorized to post bonds. Licensing of those involved in the bail bond business is the responsibility of the North Carolina Department of Insurance (NCDOI).


Instructions


1. Meet the minimum requirements for becoming a bail bond agent in North Carolina, which requires that you: (1) be at least 18 years old; (2) be a resident of North Carolina who has never been convicted of a felony or a crime involving "moral turpitude;" (3) be free of any outstanding bail bond obligations; (4) have never been disqualified to engage in the bail bond business in North Carolina or any other state; (5) have sufficient knowledge, training, or experience to engage successfully in the bail bonds business; and (6) have worked for at least 12 months for a bail bond agent who has been licensed for two years or more if you are seeking a license as a licensed bail agent.


2. Get an application to become licensed to enter the bail bond business by calling the NCDOI at 919-807-6800 or by clicking on the link in Resources 2. Since there is only one application for all three licenses, you need to place a check mark next to the license for which you are applying. Do not complete the application until after you have attended the Pre-licensing Bail Education Class, in which you will be instructed on complete it correctly, so you can avoid any unnecessary delays in having it processed. The Pre-licensing Bail Education Class fulfills the requirement for item five above under Step 1 and is geared toward providing you with information on the laws and rules of the Bail bond business in North Carolina, as well as its ethical codes.


3. Go to Reference 3 and click on "LE Registration Form" and enroll in the Pre-Licensing Class. Attend and complete the three-days class, which must be taken in person. At the end of the class, get your instructor or someone at the Bail Agents Association to help you with filling out your application for a bail bond license.


4. Send your application to the NCDOI at the address below, along with any required attachments and the filing fee. As of June 2010, the filing fee for a bail agent and surety agent was $263.00, and for a runner the fee was $183.00. You will need to send a passport-sized photograph, a set of fingerprints completed by a law enforcement officer, a copy of your Certificate of Pre-Licensing Education, a copy of your North Carolina drivers license or identification card, and documents showing proof of your having lived in North Carolina for at least the past six months.


North Carolina Department of Insurance


Agent Services Division


1204 Mail Service Division


Raleigh, NC 27699-1204


919-807-6800


http://www.ncdoi.com/


5. Wait about 45 days to receive your examination authorization letter from the Department of Insurance. When you receive your letter, go to Pearson Vue and register for your qualifying examination. Click on "locate: Find a test center." On the left side of the next screen under 1 "Choose Category," scroll down and click on "State regulated." To the right under 2 "Choose a testing program," scroll down and click on "North Carolina Bail Bondsman." On the next screen, under 1, click on the down arrow and select "NC". Then enter your zip code in 2. Scroll down to the bottom of the page and click "Continue." Write down the information for the site at which you wish to take the exam. Go to Resource 1 and click on the link and complete the information to get your check-in code. Once you receive this code, you will be able to register online for the class you selected.


6. Take the written examination, which consists of multiple choice questions. You will have two hours to complete the examination and you must answer at least 70 percent of the questions correctly to pass it.


7. Pass the examination and you will receive your license in seven to ten business days. If you fail, you cannot retake the examination for a year.


8. Post the required security deposit by following the instructions contained in the mailing you will receive along with your license. As of 2010, the required security deposit was $15,000.00 which is the amount you need to put up to be able to hold yourself out as a licensed bail agent. The deposit will be used to cover any bond forfeitures which you fail to pay by the deadline for payment.

Tags: North Carolina, bail bond, bail agent, bond business, bail bond agent, bond agent