Understanding the 1-year limitation period in insurance claims is crucial for safeguarding your legal rights. This deadline, often stipulated in insurance policies, requires you to initiate legal action within one year of your loss or damage. Missing this deadline could result in losing your right to sue, even if your claim is valid. Learn why insurers enforce this timeframe, when the clock starts ticking, and how certain conditions might extend the limitation period. Stay informed to avoid common pitfalls and ensure you act promptly to protect your interests.