How Much is the Average Workers' Comp Settlement?

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How Much is the Average Workers' Comp Settlement?

September 29, 2020

Florida workplace accidents happen every day across the state. One of the most common questions victims who sustain injuries from Florida workplace accidents is how much can they get in a Florida workers’ compensation claim. Of course, this is what you would expect. When you are thinking about how expensive the medical treatment and medication you will need will be and how you are going to afford to pay your bills when you are unable to work, it is natural to want to know if your Florida workers’ compensation claim will cover these costs. 

There is no one-size-fits-all definitive way to tell all victims of Florida workplace injury accidents how much they can expect to receive from their claim. There are many factors that go into calculating the final amount. How serious your injuries are, how long you are unable to work, if you will be permanently disabled, and how knowledgeable and aggressive your Florida workers’ compensation attorney is at fighting on your behalf for the most compensation possible. When you do agree to a settlement you have the benefit of receiving weekly payments, a structured settlement where you are paid incrementally over the long-term or a one-time payment in the form of a lump sum.

What is the Average Florida Workers’ Compensation Settlement Amount?

How Much is the Average Workers' Comp SettlementsStatistically, when you pursue your workers’ compensation claim alone, you are more likely to have your claim denied, or to obtain a settlement that is much less than you deserve. It is prudent to ensure that your claim is managed properly and that you maximize your settlement amount by working with a Tallahassee workers’ compensation attorney. Stephen M. Andrews is a trusted and respected Florida workers’ compensation attorney who has successfully represented countless victims of Florida workplace accidents and obtained the most favorable outcome for them.

Whether you work with an attorney or you go the course alone, approximately 73% of victims of workplace accident injuries will secure a settlement of some amount of money. One study found that on average, the settlement amount that an injured employee receives is just under $22,000. As a whole, the vast majority of injured workers that do obtain a settlement can look at a range of as low as $2,000 to as high as $40,000. The data suggests that when a victim of a workplace injury accident pursues compensation without the help of a lawyer they secure, on average, $10,700. However, when they have the aid of an experienced Florida workers’ compensation lawyer, they walk away with, on average, $23,500. That is a substantial difference to consider.

Contact a Knowledgeable Florida Workers’ Compensation Attorney To Discuss Your Claim Today

You don’t have to use a Tallahassee workers’ compensation lawyer to file a claim, but the data shows that it is in your best interest to explore the option. Not only can your lawyer improve your chances for an increased settlement amount, but your attorney will also take the legal hassle off of your shoulders so you can use your energy to better focus on healing. Call Stephen M. Andrews, an experienced Tallahassee workers’ compensation attorney to schedule a free consultation at (850) 906-9599.

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