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.

Statistic 1

"Workers who hired an attorney received an average of 30% more in their settlements."

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Statistic 2

"Back injuries are the most common type of injury, accounting for 31% of all workers' compensation cases."

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Statistic 3

"55% of workers receive $2,000 to $20,000 in workers’ compensation settlements."

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Statistic 4

"68% of workers reported feeling satisfied with their workers’ compensation settlement."

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Statistic 5

"Permanent disability claims have an average settlement value of around $50,000."

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Statistic 6

"A substantial 85% of workers' compensation cases are settled without contest from the employer."

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Statistic 7

"States with the highest average settlements include California and New York, often exceeding $25,000 per case."

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Statistic 8

"The success rate of workers' compensation claims is about 75%."

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Statistic 9

"On average, workers' compensation cases take 17.9 months to resolve."

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Statistic 10

"Only 4% of workers' compensation cases go to trial."

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Statistic 11

"Employers with a good safety record can save up to 50% on workers' compensation insurance premiums."

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Statistic 12

"Cases involving severe injuries often have settlements exceeding $100,000."

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Statistic 13

"Only 12% of workers receive more than $60,000 in workers' compensation settlements."

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Statistic 14

"The average workers' compensation settlement in the United States is approximately $21,800"

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Statistic 15

"Temporary disability benefits amount to about two-thirds of the worker’s average weekly wage."

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Statistic 16

"The median compensation for workers' compensation cases is approximately $10,500."

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Statistic 17

"The average cost of medical expenses in a workers' comp settlement is just over $8,000."

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Statistic 18

"Workers' comp premiums vary by state and industry but average about 1.4% of total compensation paid to employees."

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Statistic 19

"Cases that go to trial have an average settlement of $31,000."

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Statistic 20

"Administrative and maintenance workers have the highest incidence of workers' comp claims."

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