Under present law, no such contract may contain any condition, stipulation, or agreement that limits the right of action against the insurer to less than 24 months from the inception of the loss when the claim is a first-party claim, as defined in R.S. 22:1692, arising under insurance classifications defined in R.S. 22:47(6), (10), (11), (12), (13), (15), and (19). For all other types of insurance, the limit may not be less than one year from the time the cause of action accrues, unless otherwise specifically provided in the Louisiana Insurance Code.
