© 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
Solving the equity dilemma and funding the intangible economy
Finance
13/11/2019Solving the equity dilemma and funding the intangible economy

Alternative SME credit specialist Caple has supported EnSilica, a leading bespoke chip design and supply firm, with a £3.7m fully unsecured loan. This will enable EnSilica to continue its expansion into high-growth sectors including automotive, space and the

Read Full PostRead - Eye Icon
The Top 5 Trends in Glass Packaging for Skincare: A Sustainable Future
News
02/01/2025The Top 5 Trends in Glass Packaging for Skincare: A Sustainable Future

The skincare industry is undergoing a transformation, driven by a growing awareness of sustainability and eco-friendliness. One of the most notable changes is the shift towards glass packaging. In this article, we discuss the top five trends in glass packaging

Read Full PostRead - Eye Icon
Furlough Scheme Extension – the Good, the Bad and the Ugly Cost
Finance
11/11/2020Furlough Scheme Extension – the Good, the Bad and the Ugly Cost

Shaw & Co, the Bristol-based specialist corporate finance advisory firm, has responded to the announcement made by Rishi Sunak, Chancellor of the Exchequer, on Thursday 5 November in the House of Commons announcing the extension of the UK Furlough Scheme.

Read Full PostRead - Eye Icon
Is It Worth Investing In Trademarks When Expanding Your Business Globally?
News
16/12/2022Is It Worth Investing In Trademarks When Expanding Your Business Globally?

Most business owners want to ensure that their products resonate with their local consumers before expanding globally. If your product or service has become a success and you know there is a market outside Canada, going global is a good idea. 

Read Full PostRead - Eye Icon
How to Start Cloud Mining Bitcoin Cash
News
13/06/2022How to Start Cloud Mining Bitcoin Cash

Cloud mining bitcoin is a valuable alternative to traditional mining. It’s an option that’s better suited to small and mid-size investors since it doesn’t require an initial investment in the equipment used for mining. Instead, the process takes place in

Read Full PostRead - Eye Icon
What is the Future of Digital Marketing?
Innovation
20/10/2021What is the Future of Digital Marketing?

Companies are facing a period of change, in many respects. First, doing business is quite different in a post-COVID-19 world. Some new ways of buying will remain forever. This will need to be addressed in the way companies market their products and services. A

Read Full PostRead - Eye Icon
Understanding Car Accident Laws: What You Need to Know
News
28/12/2023Understanding Car Accident Laws: What You Need to Know

Car accidents can happen to anyone, anywhere, and at any time. Whether you’re an experienced driver or just starting out, it’s essential to have a good understanding of car accident laws. In this article, we’ll delve into these laws, covering

Read Full PostRead - Eye Icon
Sorainen Advises Graanul Invest’s acquisition of SIA Latgran
Legal
16/07/2015Sorainen Advises Graanul Invest’s acquisition of SIA Latgran

Sorainen Advises Graanul Invest's acquisition of SIA Latgran

Read Full PostRead - Eye Icon
Accenture Completes Acquisition of Kurt Salmon
Finance
02/11/2016Accenture Completes Acquisition of Kurt Salmon

-Accenture has completed the acquisition of Kurt Salmon, a leading global strategy consulting firm focused on the retail industry and a subsidiary of Management Consulting Group. The acquisition was first announced on September 22, 2016.



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