In addition, defense coverage for liability claims is outside of the policy limits, meaning that whatever is
spent defending you against a claim doesn't reduce the available limits.
Not exact matches
Since the series debuted, Demos and Ricciardi have
spent a fair amount of time
defending their work
against claims (from the likes of Kratz and others) that the documentary is unfairly skewed in Avery's favor.
They have the lawyers and the experience to
defend you (and themselves) vigorously
against those
claims, and you don't have to
spend your life savings just to
defend a
claim that would be covered by the policy.
Insurers
spend a great deal of time, money, and effort
defending against claims that they are highly unlikely to pay.
In other words, money
spent to
defend you
against the
claim does not reduce the amount available to pay the
claim.
The insurance company may say something like a settlement is being offered for «nuisance value,» or the amount that the insurance company is willing to pay to settle the
claim because it would
spend even more (on attorney's fees, court costs, expert witnesses, etc.) than the offered amount to
defend against the «nuisance» of the victim's
claim.
After all, if Merck
spent $ 10 million
defending against the components of the Vioxx
claim related to consumer fraud, how can it possibly begrudge the plaintiffs lawyers» request for half that amount?
Listeners were told tribunal
claims rose to 236,000 last year (``... a record rise of 56 % on 2009...») and that companies
spent almost # 4,000 on average to
defend themselves
against claims.
I started my career working as an insurance defence litigator with Parlee McLaws and then
spent nine years with Alberta Justice in civil litigation - where I represented the Administrator of the Motor Vehicle Accident
Claims Fund and defended claims brought against the Province of Al
Claims Fund and
defended claims brought against the Province of Al
claims brought
against the Province of Alberta.
LawPRO has
spent more than $ 125,000
defending claims brought
against three lawyers by another vexatious litigant.
They have the lawyers and the experience to
defend you (and themselves) vigorously
against those
claims, and you don't have to
spend your life savings just to
defend a
claim that would be covered by the policy.
This simply means that if the insurance company
spends $ 50,000 in legal fees to
defend or settle a
claim against you, that money is separate and apart from the limit of money available to pay the
claim against you.
Insurers
spend a great deal of time, money, and effort
defending against claims that they are highly unlikely to pay.