Defense Outside the Limits
When legal defense costs are paid in addition to the policy limit instead of using it up.
What it means for your firm
If defense is inside the limits, every dollar spent on lawyers and experts reduces what is left for a settlement.
Defense outside the limits keeps the full limit available for damages. Not every carrier offers it.
General definition for education only. It is not an interpretation of any policy or contract, and it is not legal advice. The wording of your own policy and contract controls. Policies and definitions vary by insurance company.
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