This insurance is provided by One Insurance Limited and covers your opponents’ legal costs and your solicitors’ reasonable disbursements other than barrister fees and your reasonable disbursements.
The ATE insurance that we offer will cover you for up to £50,000 of legal fees and without it you may be exposed to legal costs. These could be the expenses that your solicitor will have to pay to assess your claim and any further expenses incurred during the course of your claim.
A typical example of this would be an expert’s report. These costs can be met by this policy at the end of your claim, if they are not recovered from your opponent. Other costs that you could be liable are those of your opponent if you should lose or win lower damages than your opponent offers you to settle your claim.