For a UM/UIMBI coverage claim, what is the statue of limitations for accepting or rejecting a settlement offer from insurer?

Asked on March 25, 2015 under Accident Law, Texas


SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 5 years ago | Contributor

The statute of limitations for an auto accident--whether for damage to property (e.g. a car) or to a person--in your state is two years. Since after two years has passed, no legal action can be brought, once the statutory period is over, the other side or the insurer doesn't need to enter into a settlement, since there is nothing you can do if they don't. Therefore, the statutory period is 2 years, calculated from the date of the accident.

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