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Statute of Limitations and Your Car Accident in North Carolina
If you have been involved in a car accident and suffered serious injuries you likely know that your claim for damages arising from the car accident has a Statute of Limitations in North Carolina of three (3) years. However, you may not know how important it is to understand what exactly a statute of limitations does and what you need to do to protect yourself.
Understand North Carolina law, a car accident victim has a window of time for filing a lawsuit or resolving their claim for their injuries arising out of the motor vehicle accident. Should you fail to file your lawsuit or resolve your claim within that statutorily allotted window of time it is said that your statute of limitations has run. This means that you have essentially waived your right to recover damages from the at-fault party or their insurance company for the car accident-related injuries. Even if your injuries are in the millions.
It is important to realize that in order to protect your claim for relief, you are required by law to take certain actions within the time permitted by statute. For more information related to this topic, please visit our articles on the Statute of Limitations in North Carolina.