Covering the Costs if you Lose a Personal Injury Case
posted on 15 January 2012 | posted in
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It is important to realise that if you lose a personal injury case, then the judge may ask you to pay for the other parties costs. This can be a lot of money and so it is best to be insured to cover this. You may find that you have insurance already in your car insurance or home contents insurance, depending on the details of the case. However, it is best to discuss this before the case starts.
Your no win no fee solicitor will be able to investigate this for you. If you do not have any cover, then you will be able to take out an insurance just to cover this cost. It can be an expensive insurance policy, but it will be cheaper than paying the costs if you lose. Ask your solicitor for details with regards to the two costs and you will be able to decide whether it is worth the risk or not.
You want to make sure that whether you win or lose the case, you will not have any unexpected fees to pay. The insurance will cover you if you have to pay costs. If you have a no win no fee lawyer then you will not have to pay them if they lose. This will help to minimise the risks that you are taking.
It is worth being prepared for every circumstance because even if you know the accident was not your fault and therefore deserve the compensation, you have no idea what the other side will say about things and what the judge will decide. There is no guarantee and you have to be prepared to lose as well as to win. In fact it is probably to assume you will lose and then you will not be so disappointed if you do.
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