© 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
China, not Greece, Should be the Biggest Concern for Investors
Finance
09/07/2015China, not Greece, Should be the Biggest Concern for Investors

China’s stock market crash must act as a wake-up call for investors to urgently reassess their portfolios, warns the chief executive of one of the world’s largest independent financial advisory organisations.

Read Full PostRead - Eye Icon
What are the Potential Issues with Mergers and Acquisitions?
M&A
28/11/2022What are the Potential Issues with Mergers and Acquisitions?

When two companies combine, it can help the new entity boost its market share and profits. The two main ways of achieving this are through mergers and acquisitions. Mergers occur when separate companies combine to form one company.

Read Full PostRead - Eye Icon
3 Ways to Implement Modernity in Your Transportation Business
Innovation
21/12/20213 Ways to Implement Modernity in Your Transportation Business

The business of transportation is hardly new, however, some of the newest businesses to emerge onto the scene have models and processes that their predecessors do not. Even though this industry will for the most part always be an essential sector of business,

Read Full PostRead - Eye Icon
CEO of the Month – UK
Leadership
03/06/2016CEO of the Month – UK

With offices in London, UK and Chicago, USA, Adgistics is a marketing technology solution provider that helps to grow the value of brand assets for global businesses

Read Full PostRead - Eye Icon
Analyzing Divestiture Opportunities Created by Tariff-Driven Operational Restructuring
News
30/06/2025Analyzing Divestiture Opportunities Created by Tariff-Driven Operational Restructuring

Tariffs have always impacted business strategies. However, as new trade barriers intensify, companies must reexamine their operations and supply chains.

Read Full PostRead - Eye Icon
Why MBO Is the Best ESOP Advisor for Business Owners Seeking a Tax-Efficient Exit
Innovation
26/03/2026Why MBO Is the Best ESOP Advisor for Business Owners Seeking a Tax-Efficient Exit

At a certain point, most business owners stop asking what their company is worth and start asking what they will actually keep. That shift tends to happen quietly, often after years of growth, reinvestment, and building something that feels bigger than a balan

Read Full PostRead - Eye Icon
5 Ways to Optimize Your Order Fulfillment Process
News
09/12/20215 Ways to Optimize Your Order Fulfillment Process

Customer satisfaction is considered the heart of a business. Companies that know and fulfill customers' needs are the ones who are ensured success in any industry. That’s because satisfied customers will naturally come back to purchase again. And keeping cus

Read Full PostRead - Eye Icon
Luxury Market Explores Sustainability As Trends Becomes Key Focus For Brands and Consumers Alike
Corporate Social Responsibility
24/09/2019Luxury Market Explores Sustainability As Trends Becomes Key Focus For Brands and Consumers Alike

The luxury goods and services market has always been, by its very nature, a wasteful market, but it is now turning itself around in response to consumer demand. Now it is embracing its consumers’ focus on sustainability, as Staff Writer Hannah Stevenson disc

Read Full PostRead - Eye Icon
The Role Of Custom Moulding In Global Acquisition Strategies
News
26/10/2023The Role Of Custom Moulding In Global Acquisition Strategies

In today's fast-paced industrial landscape, acquisition strategies have become the lifeblood for many companies aiming to expand their global footprint.



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