Defense Costs Coverage 

Defense Costs Coverage is a type of insurance coverage that provides protection for legal expenses in the event that you are sued. When you are faced with a lawsuit, whether it is related to your business or personal matters, the costs of hiring a lawyer and defending yourself can quickly add up. That’s where Defense Costs Coverage comes in. This coverage is designed to help pay for the fees and expenses associated with legal defense, including attorney fees, court costs, and expert witness fees. It is important to note that Defense Costs Coverage typically applies to covered claims and lawsuits, meaning that the damage or injury that you are being sued for must be within the scope of your policy. It is also important to understand that Defense Costs Coverage does not cover any damages or judgments that may be awarded against you if you are found liable in court. Rather, it focuses solely on the costs associated with your legal defense. Having Defense Costs Coverage can provide you with peace of mind knowing that you have financial protection in the event of a lawsuit. It can also help ensure that you have access to quality legal representation, as the costs of hiring a lawyer can often be a major deterrent. By including Defense Costs Coverage in your insurance policy, you can mitigate the financial burden of being involved in a lawsuit and focus on defending yourself and your interests.