Being involved in a car accident can be a traumatic experience, both physically and emotionally. In the aftermath of a collision, victims often face medical bills, car repairs, and lost wages.
To seek compensation for their damages, understanding the legal aspects of car accidents is crucial. One such vital aspect is the statute of limitations, a time limit within which accident victims must file their claims. In this blog post, we will explore the statute of limitations on car accidents in Arkansas and its significance in the pursuit of justice and fair compensation.
What is the Statute of Limitations?
The statute of limitations is a legal rule that sets a time limit for individuals to bring a lawsuit to court after an incident has occurred. The purpose of such limitations is to ensure that claims are brought forward while evidence is still fresh and witnesses' memories are reliable. Additionally, it encourages prompt resolution of disputes, prevents potential cases from lingering indefinitely, and promotes overall judicial efficiency.
Statute of Limitations on Car Accidents in Arkansas:
In the state of Arkansas, the statute of limitations for car accidents is governed by the Arkansas Code section 16-56-105. You have two years to file a lawsuit for personal injury or property damage caused by a car accident.
Personal Injury Claims:
If you get hurt in a car crash, you can sue the person responsible within two years of the accident. If you fail to initiate legal proceedings within the specified timeframe, the court has the authority to reject your claim. Consequently, you will be unable to receive any compensation for the injuries you have sustained.
Property Damage Claims:
If your vehicle or other property was damaged in the accident, the statute of limitations also allows you two years from the date of the accident to file a property damage claim.
Significance and Exceptions:
Understanding and adhering to the statute of limitations is vital for anyone involved in a car accident in Arkansas. Failing to file a claim within the specified time frame can significantly impact your ability to seek compensation for your losses.
There are some exceptions to the statute of limitations in Arkansas car accident cases, though they are relatively limited. For instance, if the accident resulted in a fatality, and the victim's family wishes to pursue a wrongful death claim, the statute of limitations is extended to three years from the date of the individual's death.
Dealing with the aftermath of a car accident can be a challenging and overwhelming experience. Knowing the statute of limitations is crucial to protect your rights and seek fair compensation for your losses. In Arkansas, the two-year statute of limitations for car accidents serves as a reminder that time is of the essence when it comes to pursuing legal action.
If you find yourself in such a situation, it is advisable to consult with a qualified personal injury attorney who is well-versed in Arkansas laws. The car accident attorneys at The Brad Hendricks Law Firm have been helping Arkansans with their personal injury needs for over 29 years.
Our personal injury attorney will guide you through the legal process, help gather evidence, and ensure that your claim is filed within the stipulated timeframe, maximizing your chances of receiving the compensation you deserve. Remember, the statute of limitations is a critical aspect of car accident cases that should not be overlooked.