To Apply, Use Code XXX
Peace of mind.
Coverage bound immediately.
You’re in control.
You select which cases to insure and you choose your policy limits.
The policy premium is 7% of your selected policy limits.*
Disbursement within 45 days of claim.
Coverage is available as low as $3,500 and as high as $250,000.
Provides affordable coverage.
Backed by a national insurance company.
Assigned a rating of “A” by Standard & Poor’s Financial Services.
Manages the rising cost of litigation.
Insures all costs spent in furtherance of litigation.
*Tax and policy fees apply
What is Litigation Cost Protection?
Litigation Cost Protection is insurance to cover costs spent by plaintiffs’ attorneys and litigants in furtherance of the case. Litigation Cost Protection is sold on a case-by-case basis, providing a unique opportunity to insure each case’s individual cost disbursements. Litigation Cost Protection covers costs spent in furtherance of litigation including expert costs, deposition transcripts, travel costs (hotels, airfare and ancillary travel expenses), filing fees, trial exhibits, mediator expenses, copies, e-discovery, and all other costs spent directly on the case.
What does Litigation Cost Protection cover?
Litigation Cost Protection protects against the risk of losing the costs you incur in your lawsuit in the event the case is lost at trial. The insured simply makes a claim for the total cost disbursements and is reimbursed up to the policy limits.
Who can purchase a Litigation Cost Protection policy?
Attorneys and plaintiffs who are financing the litigation. Attorneys who represent clients on a contingency fee basis can purchase Litigation Cost Protection on a case-by-case basis. Likewise, plaintiffs who have retained an attorney pursuant to an hourly or other fee arrangement and are paying litigation costs themselves can directly purchase Litigation Cost Protection. Litigation Cost Protection is not available to defendants.
Where is Litigation Cost Protection available?
Currently, Litigation Cost Protection is available for state court actions filed in: Alabama, California, Florida, Georgia, Illinois, Louisiana, Massachusetts, Minnesota, Mississippi, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, and Texas. Litigation Cost Protection is available in any District Court case filed in any federal court in the United States. It is anticipated that the geographic area will expand in the future.
How can I buy Litigation Cost Protection?
It’s easy: click here to apply. Litigation Cost Protection is available for purchase online and is bound and issued immediately after the applicant satisfactorily answers four simple eligibility questions.
“Litigation Cost Protection is an innovative solution to the increasing costs of litigation”
“Litigation Cost Protection is an innovative tool to efficiently manage a capital-intensive litigation practice, like my own. It’s just good business.”