Foreseeable Damages Law and Legal Definition

Foreseeable damages are damages that both party to the contract knew or should have been aware of at the time when the contract was made. Apart from this an insured can recover foreseeable damages, beyond the limits of its policy, for breach of a duty to investigate, bargain for, and settle claims in good faith. The foreseeable damages recoverable for breach of warranty include reasonable attorneys' fees and expenses incurred in defending, successfully or unsuccessfully, the injured party's action for damages.