You may have legal expenses insurance to cover the cost of your claim. This is known as ‘Before the Event Insurance’ or ‘BTE’ because you have taken insurance cover prior to the incident has occurred. Legal Expenses Insurance may assist if you want to bring a claim or if you wish to defend a claim brought against you.
Legal Expenses Insurance is usually included with many insurance policies such as Household Insurance (Buildings and Contents) and Car Insurance. You may have legal expenses insurance under your credit card arrangement or under another financial arrangement. You may have a stand along legal expenses insurance policy. It maybe that legal expenses insurance has been included as an optional extra or as standard.
You should check all documentation relating to insurance policies and similar to ascertain whether or not your have legal expenses insurance. If you are unsure whether or not you have such cover we will review the documentation for you.
If you do have legal expenses insurance, subject to the terms of the insurance, then this may cover you for your disbursements (Court Fees, Experts Fees etc..); cover you against paying your opponents costs if your are unsuccessful and possibly even your own solicitors costs. In this respect, you may have no financial risk in bringing a claim.