A termite infestation can destroy your home and wreak havoc on your finances as you struggle to remedy the damage. Moving into a new home only to discover that the previous owners failed to disclose the issue can also create emotional distress.
Filing a lawsuit is one option to recover some of the monetary damages you face. If the facts of your case add up, knowing the damages you could receive may give you the incentive to proceed.
Economic damages
A termite infestation can cost anywhere from a couple of thousand dollars to eradicate, to tens of thousands of dollars it could take to repair the infrastructure of your home. According to U.S. News, homeowners spend $5 billion each year on such costs.
Economic damages can include coverage of costs associated with the following:
- Inspections
- Home repairs
- Displacement costs
Economic damages may also address medical costs if part of your home collapses because of termite infestations and thus injures you or your family.
Non-economic damages
A termite infestation can also cause unseen damage that creates ongoing distress and uncertainty. Some examples include emotional distress brought on after an unexpected relocation, or psychological challenges accompanying the stress of dealing with the situation. If the actions are intentional and fraudulent, punitive damages are also available to protect others from the same or similar conduct.
Termite activity goes 24/7 and can rapidly destroy your home. Eradicating these pests takes time and can displace you entirely. If your situation happened because of failure to disclose, you deserve compensation while you deal with the repercussions. Your diligence in recording your experience can corroborate the evidence found along the way.
