LATE NOTICE TO AN INSURANCE COMPANY IS NO BAR TO COVERAGE
All policies contain a provision which tells the policyholder how to inform the insurance company about a loss. The provisions are called “notice of loss” clauses. They are considered a condition precedent to payment under the policy. A condition precedent is an act that must occur before indemnity will arise under the insurance contract. In other words, the policyholder must follow the notice of loss requirements before he will get paid. Courts, however, are not so firm [...]