Insurance 101 – Chapter 4 – Volume 4 – Suit Condition

Suit Condition

Another condition precedent is that which requires suit to be brought within a limited time stated in the policy of insurance. In California, a statute was enacted extending the time for insured’s to sue their insurers for claims handling failures as a result of the 1994 Northridge earthquake.  The Court found that the legislation reviving certain time-barred claims against insurers resulting from the Northridge earthquake did not preclude insureds who did not file suit within revival period from alleging, pursuant to longstanding law, that their failure to file timely actions is excused under principles of equitable estoppel.

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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