Like any other kind of litigation, making a personal injury claim is not guaranteed to result in you winning your case. It is true that your personal injury claim lawyer won’t normally take on a case they aren’t confident of winning, but they can’t guarantee they would win and secure the compensation you are seeking.
As the consequences of losing a personal injury claim can be severe, it is possible to buy insurance to cover potential legal costs should you lose your case. With most personal injury claims, if you lose your case, the court could order you to pay some or even all of the other party’s legal costs. Because these costs could be very high, a special type of insurance has developed. Called ‘after-the-event insurance’, it allows you to insure against losing your case.
In fact your personal injury claim lawyer will insist that you take out this insurance before taking on your case. The issue with this type of insurance is its cost. As the insurance company could potentially have to cover a very high legal bill if you lost your case, the premium for after-the-event insurance is often unaffordable by some of the people who want to make a claim for personal injury compensation.
Most personal injury claim solicitors will either offer to pay the insurance premium for you, with the understanding you repay this amount to them out of your compensation payment, or your personal injury claim lawyer will loan you the money to buy this insurance, again on the understanding this loan is repaid when you receive your compensation payment.
It is vitally important to protect yourself against the possibility of losing your case. Unforeseen factors that could damage what you had thought was a strong case of negligence could quickly put your case in jeopardy. Your personal injury claim lawyer can advise you about this special insurance and what to look for when buying this to safeguard your case.
If you require further legal advice regarding your personal injury claim, get in touch with Contact Accident Claims today. We can help you to find the right no-win, no-fee solicitor or no-win, no-fee lawyer for your needs.
- Last Updated on 29/08/2011



