Terrell v. State Farm Insurance Co.

KELLEY, Justice.

The trial court held that an insured’s failure to give notice of accident within the time period prescribed by the insurance policy issued in conformity with Minn.Stat. § 65B.55, subd. 1 (1982) is not an absolute bar to no-fault basic economic loss benefit claims made under the policy unless the insurer has suffered actual prejudice as a result of the delayed notice. Because we conclude the legislature intended such failure to give timely notice would constitute an absolute bar, we reverse.

The facts have been stipulated by the parties. Appellant State Farm Insurance Co. issued…