You are entitled to claim damages for any injury to property or any economic losses that result from the injury or destruction of property, whether it is land, buildings or other personal property. You do not have to own the property to suffer economic losses from it’s injury or destruction.
For example, if you are a waterfront property owner you can seek compensation for any loss of value that your house has suffered because of the oil spill. These damages are over and above the immediate costs of removing the oil and cleaning up the mess. Filthy beaches and toxic chemical laden air could seriously affect your property’s resale value, as well as it’s ability to create rental income.
A qualified Louisiana oil spill lawyer can advise you of the most effective way of seeking damages for the losses you have incurred. That may be through filing your own lawsuit or the best option may be to join a class action lawsuit that has already been started by other waterfront property owners in your area.