Opinion ID: 1862787
Heading Depth: 2
Heading Rank: 3

Heading: Limitations period runs from date of settlement/judgment with the tortfeasor.

Text: Courts from other jurisdictions have held that the limitations period does not begin to run until the date of settlement with or entry of judgment against the tortfeasor. [8] See 3 Widiss § 34.4, at 112-13; Kelso & Drevlow, at 695. This theory is based on a form of the discovery rule used in tort cases which is that the insured has no way of knowing what liability, if any, the UM/UIM carrier will have until the insured has exhausted the liability coverage of the tortfeasor by settlement or judgment. See 3 Widiss § 34.4, at 112-13; Kelso & Drevlow, at 695.