What is the statute of limitations for subrogation claims?

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Prepare for the California Self‑Insurance Plans (SIP) Exam with our interactive quiz. Benefit from multiple-choice questions, detailed explanations, and essential tips to enhance your knowledge and succeed in your exam!

Multiple Choice

What is the statute of limitations for subrogation claims?

Explanation:
Two years. In California, a subrogation action is usually treated as a tort-based recovery to recoup damages caused by a third party. The two-year limit for tort actions applies from accrual (when the loss occurs or liability is established, typically when the insurer pays the claim). If the subrogation were purely contractual rather than tort-based, a longer four-year period could apply, but most SIP subrogation matters fall under the two-year rule.

Two years. In California, a subrogation action is usually treated as a tort-based recovery to recoup damages caused by a third party. The two-year limit for tort actions applies from accrual (when the loss occurs or liability is established, typically when the insurer pays the claim). If the subrogation were purely contractual rather than tort-based, a longer four-year period could apply, but most SIP subrogation matters fall under the two-year rule.

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