© 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
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
Auctioneering CFO of the Year 2025 (Italy): Alessandro Consoli & Financial Leadership Excellence Award 2025
Finance
04/11/2025Auctioneering CFO of the Year 2025 (Italy): Alessandro Consoli & Financial Leadership Excellence Award 2025

In a sector increasingly shaped by internationalisation, regulatory complexity, and agile competition, Finarte stands out as a leading Italian auction house with a rich legacy and a forward-looking strategy.

Read Full PostRead - Eye Icon
What Can You Use A Business Administration Degree For?
Leadership
23/12/2020What Can You Use A Business Administration Degree For?

Investing in education is always a wise decision. Many opportunities open up when you become more educated. A business administration degree emphasizes planning, administration, leadership skills, and other aspects involved in running or managing a company.

Read Full PostRead - Eye Icon
Advice You Can Count On
Leadership
13/02/2017Advice You Can Count On

(HIS) Cummings Global Associates Ltd, 2016 Boutique Business of the Year, is a firm of business consultants who specialise in working with small businesses and entrepreneurs.

Read Full PostRead - Eye Icon
Xplore Agrees to Purchase Motion Computing
Finance
Read Full PostRead - Eye Icon
The Role of Ventilation Systems in Adapting Business Facilities for Hybrid Work Models
News
21/10/2024The Role of Ventilation Systems in Adapting Business Facilities for Hybrid Work Models

As more businesses begin to embrace the hybrid work model, the importance of adapting physical office spaces to ensure health, safety, and productivity continues to rise. Among other factors, efficient ventilation systems play a crucial role in this adaptation

Read Full PostRead - Eye Icon
Maxim Facilities Management acquisition of CLT Services
Finance
04/08/2015Maxim Facilities Management acquisition of CLT Services

Maxim Facilities Management acquisition of CLT Services

Read Full PostRead - Eye Icon
European Real Estate: Interest in Secondary Assets and Recovering Markets Still Rising
Finance
19/01/2015European Real Estate: Interest in Secondary Assets and Recovering Markets Still Rising

New report finds that, in spite of economic uncertainties in Europe, property remains fertile ground for investors

Read Full PostRead - Eye Icon
Digital Bank of the Year – Europe
Finance
08/06/2022Digital Bank of the Year – Europe

The world is embracing a host of new technologies and the banking industry is no exception. First Investment Bank, Fibank, offers an innovative and customer-oriented solution that has become one of the leading institutions in the country in card business and i



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