Litigation Cost Protection Insurance
Socius Insurance is proud to introduce Litigation Cost Protection Insurance!
Litigation cost protection (LCP) is a new and innovative insurance product designed for plaintiff attorneys and their clients to protect against the loss of cost disbursements in the event of a total loss at trial (zero dollar recovery) following a trial verdict.
- Backed by an A-XV AM Best Carrier
- Reimburses all cost disbursements (other than attorney’s fees) paid in furtherance of litigation
- Insurance on a case-by case basis
- Quick online application
- coverage bound immediately
COVERAGE HIGHLIGHTS
- Purchase coverage on a case-by case basis
- Limits up to $100,000 available
- Minimum coverage $3,500
- Coverage is initially available for suits filed in California, Florida, Illinois, New York, New Jersey, and Texas as well as all U.S. Federal District Courts.
STATE COURT CASES
- Professional malpractice
- Product liability
- Auto/trucking negligence
- Premises liability/negligent security
- Other negligence
- Contract and indebtedness
FEDERAL CASES
- Contracts
- Tort
- Contract and indebtedness