What is My Workers’ Compensation Case Worth?
Workers’ Compensation is in Place to Help Injured Workers
One of the questions we are most frequently asked concerns the value of a given workers’ compensation case. And while it is not uncommon for an employee to get injured on the job, there is no straightforward answer as to how much your case is worth. There are numerous different factors that contribute to a workers’ compensation case, such as the circumstances surrounding the accident, the insurance policy, and the type of injuries sustained. For example, if the injury is minor, the settlement may be comparable to the injured person’s lost wages and medical expenses, but no more.
Today, we are going to take a closer look at workers’ compensation cases in Texas, including how you can estimate the potential settlement of your case. If you have any questions at the end of this, please do not hesitate to contact Rad Law Firm and schedule a free consultation with one of our workplace accident lawyers.
What Factors Affect a Workers’ Compensation Case?
In the event you sustain an injury at your place of work, you may want to consider filing a workers’ compensation claim. Workers’ compensation is in place to protect injured workers, providing benefits and compensation when an accident occurs. Unfortunately, it doesn’t always work this way. If your employer is refusing to compensate you for medical expenses, lost wages, pain and suffering, or any other damages, you may want to file a lawsuit.
Some factors to consider before pursuing a workers’ compensation lawsuit include:
- The type of injury you sustained (the more serious the injury, the more compensation you should receive)
- Any future medical treatment
- How serious your injuries are and how they affect your ability to perform your job
- The current status of your claim (for example, if you are receiving workers’ compensation benefits and not in the middle of a lawsuit, your claim may be worth more)
- The potential for any future medical problems
- The judge in the case
How to Calculate Your Workers’ Compensation Settlement
Typically, workers’ compensation cases are calculated by taking your weekly wage loss and multiplying it by 52 (the number of weeks in a year). This number is a general estimate of what the insurance company will pay for wage loss benefits. If you require further medical treatment, this number will likely increase.
The best way to find out how much your workers’ compensation case is worth is to schedule an appointment with an attorney. Because these cases are relatively complicated, we recommend hiring a Dallas workplace accident lawyer to assess your case. Our attorneys will be able to determine if you have a case and, if so, what the next steps will be. We have your best interests in mind and are here to answer any questions you may have. Please give us a call today to schedule a free consultation to discuss your Fort Worth workers comp case.