Residential Insurance Policy Requiring Claim Against Insurer be Filed in Under 2 Years is Void

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This week we discuss the major Indiana Court of Appeals decision, which found that not only is an insurance policy's limitation for bringing a suit against the insurer to less than the statutory period set forth by statute void, but that the limitation period is not then the minimal period that could have been agreed upon but rather the full statutory period for breach of contract actions.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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