What does Defense Costs mean? Read on to discover the definition & meaning of the term Defense Costs - to help you better understand the language used in insurance policies.
Defense costs refer to all the costs of defending against a lawsuit. These expenses include the cost of hiring a lawyer, court fees, investigations, gathering facts, filing legal paperwork, and other related costs. In terms of insurance, various liability insurance policies cover these expenses.
We hope the you have a better understanding of the meaning of Defense Costs.