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	Comments on: Patent litigation can kill the small guy.	</title>
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	<description>Dave Berkus&#039; business insights</description>
	<lastBuildDate>Tue, 21 Dec 2021 21:10:14 +0000</lastBuildDate>
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		<title>
		By: Russ Krajec		</title>
		<link>https://berkonomics.com/?p=4798&#038;cpage=1#comment-153569</link>

		<dc:creator><![CDATA[Russ Krajec]]></dc:creator>
		<pubDate>Tue, 21 Dec 2021 21:10:14 +0000</pubDate>
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					<description><![CDATA[There is a solution - IP insurance.

Patent enforcement insurance costs about 1-3% of insured value per year, so a $2,000,000 enforcement policy might run between $20-60K/year.

For small companies with up to 3 patents, the cost can be down to $350/mo.

It isn&#039;t free, but it is affordable.

Octane Fitness was a small company who was sued by a patent troll.  Because they had insurance, they successfully went to the Supreme Court and back.  And lived to be acquired by Nautilus Fitness Equipment.]]></description>
			<content:encoded><![CDATA[<p>There is a solution &#8211; IP insurance.</p>
<p>Patent enforcement insurance costs about 1-3% of insured value per year, so a $2,000,000 enforcement policy might run between $20-60K/year.</p>
<p>For small companies with up to 3 patents, the cost can be down to $350/mo.</p>
<p>It isn&#8217;t free, but it is affordable.</p>
<p>Octane Fitness was a small company who was sued by a patent troll.  Because they had insurance, they successfully went to the Supreme Court and back.  And lived to be acquired by Nautilus Fitness Equipment.</p>
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