In Pennsylvania, there is a 4 year statute of limitations on a breach of contract claim and a 2 year statute of limitations for a bad faith claim. It is important to point out that most property damage insurance policies sold in Pennsylvania contain a suit limitation provision, that limits the amount of time a policy holder has to file a lawsuit if their property damage claim was denied or underpaid. Typically, the suit limitation provision limits the time in which a homeowner or business owner has to file suit to either 1 or 2 years. It is extremely important that you review your insurance policy immediately after property damage to your home or business as your time for filing suit may be less than what you initially expected. Because of this, after any homeowner or business property damage loss, you should contact an experienced property damage attorney.