© 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
Business Valuations – IBG Business
Finance
31/08/2016Business Valuations – IBG Business

IBG Business is a highly renowned leader in business sales and acquisitions of privately held lower middle-market companies.

Read Full PostRead - Eye Icon
How to Maximise Hotel Revenue Through Strategic Pricing
News
26/07/2024How to Maximise Hotel Revenue Through Strategic Pricing

Maximising hotel revenue involves more than just setting competitive rates. It requires strategic pricing that adapts to market conditions, guest preferences, and emerging trends.

Read Full PostRead - Eye Icon
Experts in Intellectual Property Since 1891
Innovation
28/11/2023Experts in Intellectual Property Since 1891

Asamura IP (www.asamura.jp/en) is celebrated as the oldest and also one of the most experienced professional patent firms in Japan. It offers a complete turnkey operation for all IP needs, handling Japanese patents, trademarks, and design applications from loc

Read Full PostRead - Eye Icon
Patents: Storming the World of IP
Legal
19/01/2015Patents: Storming the World of IP

First Thought IP Ltd is a full-service intellectual property law firm that advises on patents, designs and copyright, licensing and litigation issues.

Read Full PostRead - Eye Icon
Risk Management on the Road: Why Emergency Driver Training Protects Businesses from Costly Exposure
Legal
29/01/2026Risk Management on the Road: Why Emergency Driver Training Protects Businesses from Costly Exposure

In discussions around road safety, businesses often focus on insurance compliance, fleet maintenance, and regulatory requirements. Yet one of the most underestimated contributors to road-related risk is driver response during high-stress, unexpected events. Em

Read Full PostRead - Eye Icon
2015’s Most Innovative Business Leaders-Colin’s Pack
Innovation
19/01/20152015’s Most Innovative Business Leaders-Colin’s Pack

Colin’s Pack is a dog hiking business in Santa Monica, California, focused on creating balanced dogs through leadership, exercise and socialization. Colin West, owner and founder of Colin’s Pack, told us more about his company’s innovative approach to do

Read Full PostRead - Eye Icon
Why an E-Commerce Website Could be Perfect for your Small Business
Strategy
18/08/2020Why an E-Commerce Website Could be Perfect for your Small Business

Although we are now seeing lockdown measures begin to ease, and we are heading towards our “new normal” – there is no doubt that COVID-19 has been a great challenge for many small business, however it has given them the opportunity to adapt, pivot and em

Read Full PostRead - Eye Icon
AIXTRON Acquires PlasmaSi
M&A
15/04/2015AIXTRON Acquires PlasmaSi

AIXTRON a leading provider of deposition equipment to the semiconductor industry, today announced that it has acquired privately held Silicon Valley-based PlasmaSi, Inc. effective April 1, 2015.

Read Full PostRead - Eye Icon
Equistone Partners acquire Averys
M&A
08/04/2015Equistone Partners acquire Averys

Equistone Partners acquire Averys



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