What is the statute of limitations for pursuing an insurance litigation claim?

The statute of limitations for pursuing an insurance litigation claim in New York is three years. This means a claimant has three years from the date of injury or the date of discovery of injury to file a lawsuit. The time period begins when the cause of action accrues, which is typically when the injury or harm occurred. If the claimant fails to initiate a lawsuit or bring a claim before the three year window ends, the court will most likely refuse to hear the case and dismiss the claim. Any actions that occur in an attempt to bring the case to court after the statute of limitations has expired will be deemed untimely and deemed invalid under the established laws. The statute of limitations in relation to insurance litigation in New York applies to varied claims such as negligence claims, professional malpractice claims, and breach of contract claims. It is important to note, however, that there are certain exceptions, such as claims brought by minors, which may allow for a longer time period to bring a claim. Given the importance of adhering to the statute of limitations in insurance litigation cases such as these, it is recommended to speak to a qualified lawyer as soon as possible to determine the timeline for filing a claim and begin the filing process. Doing so will increase the chances of avoiding a dismissed claim and being able to successfully pursue an insurance litigation claim.

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What is the statute of limitations for pursuing an insurance litigation claim?

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