Is there a statute of limitations for defective products claims?

Yes, there is a statute of limitations for defective products claims in Indiana. This is a state law that limits the amount of time a person has to file a lawsuit for damages that resulted from the sale of a defective product. In Indiana, a person who has suffered losses because of a defective product must file a lawsuit within two years of the date when they knew or should have known that the product was defective. This is known as the two-year discovery rule. In some cases, it may be more difficult to determine when the claimant had knowledge of a defective product. If this is the case, the statute of limitations is one year from the date when the claim was discovered. Prior to filing a defective products claim, it is important to understand the statute of limitations in your state. If the statute of limitations has passed, your claim may not be valid. It is important to consult a qualified attorney before filing a defective products claim. An attorney can help you understand the defective products law in your state and ensure that your claim is filed within the applicable statute of limitations.

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