How long do I have to settle with insurance company?
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How long do I have to settle with insurance company?
I got in a car wreck June of 2015. I was
a passenger in a single car wreck. I
filed the claim, but never settled with
the company. Is it too late to settle now,
almost two years later?
Asked on April 13, 2017 under Accident Law, Arkansas
Answers:
S.L,. Member, California Bar / FreeAdvice Contributing Attorney
Answered 7 years ago | Contributor
Arkansas has a three year statute of limitations for filing a lawsuit in a personal injury case. Therefore, it is not too late to try to settle the case with the insurance company.
If the case is NOT settled and the three year statute of limitations is approaching. you will need to file a lawsuit for negligence against the registered owner of the vehicle in which you were a passenger or you will lose your rights forever in the matter.
The three year statute of limitations means that the lawsuit must be filed prior to the three year anniversary of the date of the accident.
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