Litigation Insurance Program from Sonoma Risk Insurance Agency
Sonoma Risk Insurance Agency is a premier provider of litigation insurance solutions, designed to help protect your clients from costly attorney fee awards in the event they lose a legal case. Through its unique Attorneys’ Fee Edge Insurance product, Sonoma Risk offers a specialized policy that covers the risk of being ordered to pay the opposing party’s attorney fees—whether your client is the plaintiff or the defendant.
This innovative coverage is especially valuable in jurisdictions where a losing party may be responsible for the other side’s legal fees. It fills a critical gap that general liability or professional liability policies often do not address.
Ideal Accounts and Appetite
Attorneys’ Fee Edge Insurance is a practical solution for a wide range of individuals, businesses, and corporate clients involved in civil litigation. Ideal risks include:
- Small to mid-sized businesses entering into high-stakes litigation
- Professional service firms (e.g., accountants, consultants, tech firms)
- High-net-worth individuals involved in contract disputes or business litigation
- Startups or entrepreneurs defending intellectual property or trade secrets
You might have a client who is pursuing or defending a breach of contract case and is concerned about the financial exposure if the court awards attorney fees to the opposing party. This program provides peace of mind and a financial backstop in such scenarios.
Coverage Highlights and Advantages
- Policies underwritten by an A.M. Best “A” rated carrier
- Designed to cover potential attorney fee awards in both plaintiff and defendant cases
- Low premiums relative to the potential exposure
- Customizable limits based on the client’s risk profile and litigation stakes
- Free underwriting review available
This coverage can be a powerful risk management tool for clients who want to pursue meritorious claims without fear of a financially devastating loss.
Underwriting Notes and Minimum Premiums
Underwriting is tailored based on the specifics of each case, including the legal merit, jurisdiction, and financial exposure. While minimum premiums may vary, Sonoma Risk is known for offering competitive pricing and flexible terms. Agents can submit cases for a free underwriting review to assess eligibility and potential coverage terms.
Territories and Availability
This non-admitted program is available in most U.S. states, including but not limited to California, New York, Florida, Texas, Illinois, and Pennsylvania. Currently, Sonoma Risk offers this product in 49 states plus Washington, D.C.
Why Work With Sonoma Risk Insurance Agency
Sonoma Risk is a recognized leader in the litigation insurance space, offering one of the few specialized programs designed specifically to protect against attorney fee exposure. Their deep expertise, responsive underwriting team, and commitment to delivering affordable solutions make them a trusted partner for agents and brokers.
To learn more about how you can help your clients close gaps in legal fee exposure, call Sonoma Risk at 888-388-7742 or visit their website at www.sonomarisk.com.
Frequently Asked Questions
What types of accounts are a good fit for this litigation insurance program?
This program is ideal for individuals, small businesses, and corporations involved in civil litigation where attorney fees may be awarded to the prevailing party.
Does this policy cover both plaintiffs and defendants?
Yes, Attorneys’ Fee Edge Insurance is available for both plaintiffs and defendants facing the risk of paying the opposing party’s legal fees.
What documents are needed to get a quote?
Typically, underwriting requires details about the case, including the complaint, legal documents, and a summary of the litigation exposure. A free underwriting review is available.
Is this coverage available nationwide?
Yes, the program is available in most states, including all major litigation markets such as California, New York, Texas, and Florida.
Who underwrites the policies offered by Sonoma Risk?
All policies are underwritten by an A.M. Best “A” rated insurance carrier, ensuring financial strength and reliability.
Need help placing an account? Connect with a market specialist.