Insurance 101 – Chapter 9 – Volume 37 – When the Limitation Period Starts – 2

When the Limitation Period Starts – 2

In Colorado, a cause of action for a bad faith tort claim accrues “on the date both the injury and its cause are known or should have  been known by the exercise of reasonable diligence.” A bad faith tort claims accrued when the plaintiff knew or should have known, respectively:  of their injury, and of the cause of their injury.

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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