How much are your injuries worth?
Your workers’ comp settlement isn’t “free money.” Here’s what to consider when deciding whether that settlement offer is worth it.
If you’ve been injured in a workplace accident, it’s very likely that your life has been turned upside down.
With your reduced work hours and all those medical bills, that workers’ comp settlement offer is starting to look pretty good. But how did the insurance company arrive at that number?
It may seem arbitrary to you. But the insurance company isn’t reading tea leaves or consulting a crystal ball to calculate your workers’ comp settlement amount. They are actually making a number of calculations behind the scenes to decide how much to offer you.
And unless you know what’s influencing their decision, you won’t be able to decide whether the offer is a fair one.
So let’s take a look at what your workers’ comp settlement should cover and how you can decide whether or not to accept it.