• adhocfungus@midwest.social
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    2 days ago

    Now I’m curious if anyone offers insurance for it. There is already bail insurance taken out by bail loan companies to protect themselves, which is making it very difficult for me to determine if there is any direct-to-commiter insurance to cover your own bail.

    But anyway, you should be adding up your normal bail amount per year, add 10% for inflation, put 1/12 of that into a recurring 4-week T-bill ladder every month, then reap that sweet 4% interest. When you get arrested use your phone call to have a loved one cancel the next renewal and you’re out of jail in 1-2 weeks while maximizing profits!

    • bdonvr@thelemmy.club
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      2 days ago

      I mean who would take out bail insurance except people who think they’re about to be arrested. Seems like the claim rate would be too high.