GITNUX MARKETDATA REPORT 2024
Statistics About The Average Workers Comp Settlement
The average workers' compensation settlement in the United States is typically around $21,800.
In this post, we explore key statistics and trends surrounding average workers’ compensation settlements. From the impact of hiring an attorney to the common types of injuries and satisfaction rates among workers, we delve into the numbers that shed light on the complexities of workers’ compensation claims and settlements.
Statistic 1
"Workers who hired an attorney received an average of 30% more in their settlements."
Statistic 2
"Back injuries are the most common type of injury, accounting for 31% of all workers' compensation cases."
Statistic 3
"55% of workers receive $2,000 to $20,000 in workers’ compensation settlements."
Statistic 4
"68% of workers reported feeling satisfied with their workers’ compensation settlement."
Statistic 5
"Permanent disability claims have an average settlement value of around $50,000."
Statistic 6
"A substantial 85% of workers' compensation cases are settled without contest from the employer."
Statistic 7
"States with the highest average settlements include California and New York, often exceeding $25,000 per case."
Statistic 8
"The success rate of workers' compensation claims is about 75%."
Statistic 9
"On average, workers' compensation cases take 17.9 months to resolve."
Statistic 10
"Only 4% of workers' compensation cases go to trial."
Statistic 11
"Employers with a good safety record can save up to 50% on workers' compensation insurance premiums."
Statistic 12
"Cases involving severe injuries often have settlements exceeding $100,000."
Statistic 13
"Only 12% of workers receive more than $60,000 in workers' compensation settlements."
Statistic 14
"The average workers' compensation settlement in the United States is approximately $21,800"
Statistic 15
"Temporary disability benefits amount to about two-thirds of the worker’s average weekly wage."
Statistic 16
"The median compensation for workers' compensation cases is approximately $10,500."
Statistic 17
"The average cost of medical expenses in a workers' comp settlement is just over $8,000."
Statistic 18
"Workers' comp premiums vary by state and industry but average about 1.4% of total compensation paid to employees."
Statistic 19
"Cases that go to trial have an average settlement of $31,000."
Statistic 20
"Administrative and maintenance workers have the highest incidence of workers' comp claims."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
