© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - 7 Misconceptions About Workers’ Comp Insurance
Posted 3rd December 2021

7 Misconceptions About Workers’ Comp Insurance

Workers’ compensation is an important right, yet too many people are unaware of exactly what workers’ comp is or what you’re entitled to. To set the record straight, take a look at these seven misconceptions about workers’ comp insurance now:

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

7 Misconceptions About Workers’ Comp Insurance

Workers Compensation

Workers’ compensation is an important right, yet too many people are unaware of exactly what workers’ comp is or what you’re entitled to. To set the record straight, take a look at these seven misconceptions about workers’ comp insurance now:

 

1. Workers’ Comp Never Pays Out

Making a workers’ compensation claim might seem like an unnecessary hassle, but it can certainly be worthwhile. Statistics show that workers’ comp claims pay out more than $62 billion each year, so why miss out on the funds you’re entitled to?

 

2. Getting Injured at Work in Atlanta is Rare

Sadly, millions of people sustain workplace injuries every year. In fact, in private industry, 2.2 instances of workplace injuries per 100 full-time equivalent workers were reported in 2020 alone. With so many people sustaining work-related harm in Atlanta, it’s vital that everyone knows their rights when it comes to claiming workers’ compensation.

 

3. You Can Only Claim If Your Employer Was Negligent

Workers’ comp is designed to pay out regardless of who was at fault, so don’t hesitate to start your claim, even if you’re not sure who is technically liable for the incident. While you may be eligible to take other types of legal action if your employer was negligent, you don’t need to prove who was at fault to successfully obtain workers’ compensation.

 

4. You Can’t Claim for Illnesses

Workers’ compensation can be paid out for work-related illnesses, as well as injuries. Throughout 2020, private industries saw a sharp rise in the number of reported illnesses with more than 500,000 million cases being recorded.

 

5. You Won’t Get Much Compensation

When you make a successful workers’ comp claim, the amount you receive will depend on various factors, including the severity of your injury, the impact it has on your day-to-day life, and the cost of your medical treatment. Compensation often ranges from $18,000 to $27,000, with the average payout being recorded as $21,800. However, statistics also show that claimants tend to receive more compensation if they hire a lawyer to assist them with their workers’ comp claim.

 

6. There’s No Time Limit on How Long You’ve Got to Claim

Many people are unaware that there are strict deadlines in relation to claiming workers’ compensation, which means they are missing out on their chance to obtain the compensation they’re entitled to. If you’ve been hurt at work or contracted a work-related illness, check the workers’ comp regulations in your area to determine how long you’ve got to make a claim.

 

7. Making a Claim is Easy

Making a claim should be simple and straightforward, but it rarely is. From figuring out what type of compensation you’re entitled to and submitting the right documentation, obtaining compensation can be trickier than you think. With help from a workers’ comp attorney, however, you can increase your chances of making a successful claim and ensure that you meet the regulatory requirements for a timely payout.

 

Taking Action After a Workplace Accident

If you’ve been hurt at work or you’ve lost income because of a work-related illness, it’s vital to find out what your rights are. With the right professional advice, you can simplify the claims process and get the workers’ comp you deserve.

Categories: Finance, News


You Might Also Like
Read Full PostRead - Eye Icon
A Goliath in Management Consultancy
News
13/01/2023A Goliath in Management Consultancy

Advisory Group AG offers a wide range of strategic change advisory services from strategy design to successful implementation and transformation. Following the firm’s recognition in the 2022 AI Leading Advisor Awards as the ‘Leading Boutique Management Con

Read Full PostRead - Eye Icon
2 Easy Ways to Start Investing
Finance
16/04/20212 Easy Ways to Start Investing

Investing your money is the most reliable and effective way to create wealth over time and secure your future financial needs. This is why a lot of financial advisors would tell you to start while you’re young to witness solid returns. It’s placing your mo

Read Full PostRead - Eye Icon
Great Canadian Gaming’s Acquisition of Casino New Brunswick
M&A
28/05/2015Great Canadian Gaming’s Acquisition of Casino New Brunswick

Great Canadian Gaming's Acquisition of Casino New Brunswick

Read Full PostRead - Eye Icon
Top Employee Engagement Tools for Managers: How to Keep Your Team Engaged
Leadership
26/07/2023Top Employee Engagement Tools for Managers: How to Keep Your Team Engaged

Managers bear several responsibilities, one of which is to ensure that their team remains engaged and motivated. However, keeping up with the ever-changing employee engagement needs can be challenging.

Read Full PostRead - Eye Icon
When Deployment Changes the Family Calendar: Workforce Planning for Texas Businesses Employing Military Parents
Legal
16/10/2026When Deployment Changes the Family Calendar: Workforce Planning for Texas Businesses Employing Military Parents

A staffing schedule can look settled until military orders change a parent’s availability. A Texas National Guard member employed by a private company may be called to extended duty, while a reservist with shared parenting responsibilities must prepare f

Read Full PostRead - Eye Icon
Changing the Appearance of Your Business: A Guide
News
28/01/2021Changing the Appearance of Your Business: A Guide

With the new year in full swing and with the long-awaited vaccine on the horizon, it is safe to say that life as we know it will be upon us in no time! Many people use this time of year to make changes to certain aspects of their lives, and this is undoubtedly

Read Full PostRead - Eye Icon
The Short-Term Rental Investor’s Dilemma: Hospitality Business or Real Estate Asset?
Strategy
25/05/2026The Short-Term Rental Investor’s Dilemma: Hospitality Business or Real Estate Asset?

Short-term rentals sit awkwardly in an investor’s portfolio. On paper, they are property assets: purchase price, debt, an address, and eventual resale value. In practice, their returns often depend on the habits of a hospitality business, from nightly pricin

Read Full PostRead - Eye Icon
Revolutionising Medical Training
Innovation
19/02/2021Revolutionising Medical Training

Established in 2017, Fusetec is a cutting-edge additive manufacturing company utilising the latest 3D technologies. Following the firm’s well-deserved success in Acquisition International’s Global Excellence Award 2020, we caught up with CEO Mark Roe to fi

Read Full PostRead - Eye Icon
Delivering Quality on a Global Basis
Legal
01/03/2018Delivering Quality on a Global Basis

Giambrone is an international law firm with offices in London, Barcelona, Glasgow, Mallorca, Milan, Munich, Palermo, Rome, Sardinia, and Tunis.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow