Understanding the Average Workers' Compensation Settlement Amount
If you were injured at work, you might wonder, “What is the average workers’ comp settlement?” Each case is different. A settlement depends on factors unique to your case, such as your wages when the accident occurred and the type and severity of the injury suffered. The average settlement can range from thousands to tens of thousands of dollars. Our experienced attorneys at Cordisco & Saile LLC can evaluate how much your workers’ compensation settlement may be worth and can help you fight for the full settlement amount you deserve.
If you suffered a work-related injury, you might wonder, “What is the average workers’ comp settlement?” Understanding the average workers’ compensation settlement amount can be complex due to many factors. While the national average hovers around $20,000, individual circumstances can significantly influence the final amount.
Factors such as lost time at work, body parts affected, and the long-term consequences will impact the settlement amount. Learning more about workers’ compensation and the settlement process can help you better understand how much you may receive.
At Cordisco & Saile LLC, our Pennsylvania workers’ compensation attorneys are dedicated to protecting the rights of injured workers and can help you at every step of the workers’ compensation process.
What Benefits Can You Recover in a Workers' Compensation Settlement?
When you file a Pennsylvania work injury claim, you can pursue a claim for the following benefits:
- Lost wages for the period you can’t work or return to work in a reduced capacity
- Specific loss benefits such as disfigurement, permanent disability, or losing a body part
- Fatal claim benefits in case of wrongful death from a work injury or illness
- Costs for your past and ongoing medical treatment
You can receive two-thirds of your average weekly wage for your lost time from work, but the state imposes limits. The maximum weekly wage for injuries sustained on or after Jan. 1, 2023, is $1,273.
The length of time for which you can receive lost wage benefits depends on whether you are partially or totally disabled. Partial disability pays benefits for a maximum of 500 weeks. These are paid if you can return to work at a lower-paying job with restrictions or you are found not totally disabled. Total disability benefits are paid to injured workers who cannot return to work in any capacity.
Workers Compensation Settlement Process
Understanding the rules and laws regarding filing a workers’ compensation settlement claim can be challenging. Learning about the process can help you better understand the settlement you may receive.
Filing the Necessary Paperwork
The first step is to file the required paperwork. You must do this to receive a workers’ comp settlement offer.
At Cordisco & Saile LLC, we can help you avoid mistakes and make the entire process progress more smoothly. During this initial stage, we can also help you understand how to calculate a workers’ comp settlement.
Strategizing for Maximum Settlement
Our lawyers will strategize with you to pursue the full compensation you are entitled to receive. The strategy we use will depend on your injury and medical needs.
For example, the average workers’ comp settlement for a permanent disability is higher than that for surgery. Consider this chart from Insurance Business Magazine showing the average payout for common workplace injuries:
Type of Injury
Average workers’ comp settlement
These are typically rated at three levels: mild, moderate, and severe
$1,000 to $60,000 (or more)
Swelling, temporary vision loss, permanent vision loss
$1,000 to $48,000
Whiplash, pinched nerve, fracture
$56,000 (or more)
Lower back injuries
Slipped or bulging disc, fracture
Hip, thigh, or pelvis injuries
Fractures, soft tissue injuries
Negotiating With the Insurance Company
The last step in the process is to negotiate with the insurance company. Our team will use our skills to negotiate on your behalf.
We will consider all factors. For example, you may wonder if having multiple surgeries will increase your workers’ comp settlement. In some situations, the answer is “yes.” You can count on our team to consider all complexities to give you the best chance at receiving a fair settlement for the injuries and costs you have incurred.
Why Hire a Personal Injury Lawyer?
Hiring a personal injury lawyer can increase the likelihood of a higher settlement offer. Some of the things our personal injury lawyers bring to the table include:
- Personalized attention: Cordisco & Saile offers personalized attention to every client. We understand each case is unique, so we meticulously tailor strategies to suit individual needs. This attention to detail lets us better understand your case so that we can help you better evaluate your options.
- Negotiation skills: Negotiating a favorable workers’ compensation settlement requires a profound skill set—a Cordisco & Saile forte. Our lawyers have developed superior negotiation skills, proficiently maneuvering through the most complex circumstances.
Why Trust the Experienced Workers' Compensation Lawyers at Cordisco & Saile
Navigating a workers’ compensation claim can be a challenging journey. At Cordisco & Saile, we dedicate ourselves to helping clients get the best outcome possible.
Here are some reasons to trust us with your case.
Proven Track Record
Cordisco & Saile has a proven track record of securing favorable workers’ compensation settlements. Our case results are a testament to our ability to win even the most complex cases.
Founding Attorney John F. Cordisco is widely recognized for his personal injury law expertise and tenacity as a litigator. A former three-term state representative, he was recently appointed to represent Bucks County on the Southeastern Pennsylvania Transportation Authority Board. He was also selected to serve on its Administration and Pension Oversight Committees.
Attorney Michael L. Saile Jr. was named to The National Trial Lawyers – Brain Injury Top 25 and recognized as a Bucks County’s Top 40 under 40. These are just a few examples of the awards and accolades the attorneys from our law firm have achieved.
Read our client testimonials to learn how well we serve clients just like you.
Experience and Knowledge
It is possible to receive a settlement offer without an attorney negotiating for you. However, going it alone will probably not result in a settlement that meets all of your injury-related needs. Insurers and employers will try to trick you into accepting a lowball settlement that serves their main interest—paying as little as possible.
Hiring a lawyer who understands workers’ compensation rules, how the process works, and how the rules apply to your case will help you get the best work injury settlement possible.
It is also important to understand that some workers’ compensation benefits come with hidden costs. For example, you may have to give part of your benefits to Social Security if you do not structure the settlement properly. Our attorneys can explain why this happens and help you get the most out of your settlement.
Cordisco & Saile has decades of combined legal experience we can put to work for you regardless of the injury or illness that caused you to file a workers’ compensation claim. Our lawyers stay updated with the latest legal developments, guaranteeing clients representation grounded in knowledge and confident navigation through all steps of the workers’ compensation process. Trust us to be your knowledgeable ally in your journey to justice.
Should I Settle a Workers’ Compensation Claim?
If the insurance company makes a settlement offer, resist any temptation you might feel to accept it quickly. We highly recommend that you allow our team to review it first to ensure it considers all costs related to your workplace injuries.
How Are Settlements Determined?
Determining a settlement encompasses various factors, including:
- The current and future medical expenses arising from the injury
- The wages lost during the recovery period
- The severity of the injury and its long-term implications
How Long Does a Settlement Take?
The time frame for settlement varies based on the complexity of the case. While some settlements may take a few months to negotiate, others may take years. Rest assured, our lawyers work diligently to expedite the process without compromising the potential settlement amount.
Will Multiple Injuries Impact My Settlement?
Absolutely. Suffering from multiple injuries generally leads to a higher settlement as it significantly impacts your medical expenses and how long you cannot work.
Contact Cordisco & Saile Today
So if you were seriously injured, consult an attorney for help. An attorney will investigate the accident to learn which party’s actions were careless or reckless. The lawyer will also aid in evidence collection and organize the case to present it to the insurance company, a judge, or a jury, depending on the circumstances. The attorney will also help you establish the amount of damages you suffered as a result of the accident.