It is a good idea to report a car accident as soon as possible after it occurs. Most insurance companies allow claims to be filed within 30 days after an accident, although you will want to check with your insurer to determine the specific time limits that apply to your policy. By speaking to an attorney as soon as possible after an accident, you can make sure you report your accident and file an insurance claim within the proper time limits. A statute of limitations will also determine when you can pursue a lawsuit seeking to recover compensation. These time limits are set by state laws, and in Texas, the statute of limitations for personal injury lawsuits is two years in most cases.