Insurance policies require that an insured give the company notice of a claim as soon as possible.  This gives the company the chance to investigate the claim, gather information, and determine whether coverage is appropriate while the evidence is still available.Where notice of a claim is untimely, some courts accept excuses for the delays, such as, a diligent insured who simply didn’t discovery the loss or an incapacitated insured.  See Columbia Union Nat. Bank v. Hartford Acc. and Indem. … [Read more...]