Defense Coverages
This coverage offers defense against any suit brought against you to recover damages for personal injury or property damage that is either covered or not covered by an underlying insurance. Chubb will begin defense, at its own expense, once the underlying coverage has been exhausted.
Chubb will provide defense at its own expense, even if the suit is groundless, false or fraudulent, using counsel of its choice. Chubb may investigate, negotiate, and settle any such claim or suit at its discretion.
Expenses to be paid include:
- All expenses incurred by the insurance company;
- All premiums on appeal bonds required in any suit Chubb defends
- All premiums on bonds to release attachments for any amount up to the amount of coverage (not obligated to apply for or furnish any bond)
- All costs taxed against a covered person;
- Interest accruing after a judgment in a case Chubb defends, but only that part of the judgment Chubb is responsible for paying.
- All prejudgment interest awarded against a covered person on that part of the judgment Chubb pays or offer to pay.