damages assessments

Damages assessments determine the monetary compensation owed when someone suffers loss or injury due to another’s actions. This process involves evaluating the extent of the harm, such as medical expenses, property damage, lost income, or emotional distress. Experts, like economists and attorneys, analyze evidence to arrive at a fair dollar amount that aims to restore the injured party to the position they were in before the harm. This assessment helps ensure that the affected individual receives appropriate legal compensation to cover their losses.