What are the statute of limitations for a tire failure claim?
In North Carolina, the statute of limitations for a tire failure claim depends on the type of claim you are making. If you are making a personal injury claim due to tire failure, then the statute of limitations is three years from the date of the incident. This means that any action for compensation must be taken within the three-year period. If the claim is for property damage instead, then the statute of limitations is two years from the date of the incident. It is important to note that statute of limitations are also subject to the law of the state. In North Carolina, the statute of limitations for certain kinds of products liability claims can vary based upon the nature of the claim. For example, if a tire failure claim is based upon a manufacturing or design defect, the statute of limitations is four years. It is important to check with an attorney about the statute of limitations specific to the type of claim you are making. It is also important to note that the statute of limitations begins to run from the date of the incident. If you do not take action within the applicable time period, your chance of receiving any compensation may be significantly reduced or eliminated.
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