True or False: The bail bond premium is always refundable.

The statement that the bail bond premium is always refundable is false. Typically, when a bail bond is purchased, the premium paid is considered the cost of securing the bond and is non-refundable. This is because the premium is payment for the services rendered by the bail bondsman to underwrite the bond and ensure the defendant's appearance in court.

In the bail bond industry, once a bond has been secured and the premium paid, the service has been rendered regardless of the outcome of the case or the defendant's appearance at court. This means that if the defendant does appear in court, the bond may be dissolved, but the premium remains with the bondsman as compensation for their risk and service.

There may be specific situations where a portion of the premium might be refundable, particularly if the bond has not yet been executed or if the defendant is never booked. However, under normal circumstances and standard practices, premiums are typically non-refundable, reinforcing the answer that the statement is false.