Personal Finance

Is "Legal Protection Insurance" in Home Insurance Worthwhile?

  • Last Updated:
  • Feb 11th, 2020 10:40 am
[OP]
Deal Expert
User avatar
Aug 18, 2005
18898 posts
3559 upvotes
Burlington-Hamilton

Is "Legal Protection Insurance" in Home Insurance Worthwhile?

Hello RFD,
I am researching home insurance, and some companies are offering 'legal protection insurance'.

Example: https://www.squareoneinsurance.com/home ... protection

This is different than liability coverage, and includes things like:

Employee legal defence
Tax protection (CRA litigation insurance)
Contract disputes
Employment disputes
Driver’s license protection (litigating a revoked driver's license)
etc...

Are these services actually worthwhile? Has anyone used them?
1 reply
Deal Fanatic
Oct 7, 2007
6265 posts
2532 upvotes
Interesting product and looks like there could be some value there. I wonder how much they charge for this protection AND whether one can buy it as a stand alone product to be used with home insurance from a provider who does not offer this product. If they are willing to pay for the legal costs associated with these disputes, that could be worth something (assuming it doesn't affect your insurance premium in a significant way) because legal costs can be very expensive.

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