Legal Question in Insurance Law in California

statue of limitatins on a theft claim to a insurance company

What are the statues of limitation on a theft claim to an insurance company?


Asked on 1/12/06, 11:24 pm

2 Answers from Attorneys

Jonathan Stein Law Offices of Jonathan G. Stein

Re: statue of limitatins on a theft claim to a insurance company

As the prior poster stated, the statute of limitations deals with filing a lawsuit.

If you mean how long do you have to report your claim, it depends. Your policy says that you must give "prompt notice" to the insurance company. When I was an insurance adjuster, that was usually within 30 days, but the circumstances of each claim are different.

If you mean how long do you have to sue the insurance company, you have, generally, two years from the date of the loss. But, you have to comply wtih all of the conditions of the policy first.

You can get more information here http://www.calpiblog.com/claims/index.html or by listening to my podcast here http://www.personalinjurypodcast.com

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Answered on 1/20/06, 11:38 pm
Edward Hoffman Law Offices of Edward A. Hoffman

Re: statue of limitatins on a theft claim to a insurance company

Statutes of limitation set deadlines only for filing suit. They do not govern insurance claims.

The amount of time an insured may wait before reporting a loss to the insurer is usually set by the policy. Different policies may set different amounts of time, so you should read your policy carefully. You may also want to have an attorney review it for you.

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Answered on 1/19/06, 9:19 pm


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