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By J.D. Houvener
Patent Attorney and Founder

I’m excited to share with you here today. We’re talking about patent insurance and some of the ways that you, as an inventor or business owner, can really leverage what you’ve been investing your time and money in, i.e., the patent, to motivate you and get your business going.

What I want to introduce today is this third type of policy called the collateral defense insurance or, excuse me, the collateral insurance policy. This allows you as the inventor to put a valuation on your invention even while it’s pending. While these policies are more straightforward when patents have already issued because the claims are identified, they can be issued while patents are pending. It’s one of the best ways that we’ve seen over the years that our inventors are able to catapult their businesses forward, to get the loan, and instead of having to give up equity—which often happens when talking with a seed investor, an angel investor, or even a VC that wants to take 20, 30, or 51% of your company just so you can get the loan needed to start and grow—this is a wonderful way to get the cash needed to grow your company.

Using this vehicle through the insurance company, they will use your own invention as collateral. This means that if, for whatever reason, your business goes out of business or you lose your money, the worst thing that happens is you forfeit rights on your invention back to that company. Of course, the insurance company will go through quite a bit to internally evaluate the quality and merits of the invention, making sure it aligns with what they are interested in getting involved in and providing value for. It’s a great option. Please get a hold of us if you’re interested in learning more about that. Our phone number is 800-849-1913, or visit our website at Again, I’m your host J.D. Houvener of the Bold Today Show. I hope you all have a wonderful day. Go big, go bold.

About the Author
J.D. Houvener is a Registered USPTO Patent Attorney who has a strong interest in helping entrepreneurs and businesses thrive. J.D. leverages his technical background in engineering and experience in the aerospace industry to provide businesses with a unique perspective on their patent needs. He works with clients who are serious about investing in their intellectual assets and provides counsel on how to capitalize their patents in the market. If you have any questions regarding this article or patents in general, consider contacting J.D. at