Insurance 101 – Chapter 8 – Volume 55 – Starting the Limitation Period

Starting the Limitation Period

In the majority of the claims presented as continuing and progressive losses, insureds report to their insurer that their building is suffering cracks in the foundation, concrete flat work, walls, or ceilings. They further contend that the damage is continuing and progressive and may have been due to acts occurring as early as the date the building was originally constructed. On investigation it is usually found that these types of damage have existed for many years but were considered by the homeowner to be normal until they had the opportunity to speak to a lawyer or Public Adjuster who advised them that they should make a claim against their insurer.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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