How long do most workers comp settlements take?
While some workers' compensation claims can get settled as quickly as 45-60 days, the majority of claims take 4-6 months or longer and ultimately depend on how serious an injury is, the amount of the settlement, and the specifics of an individuals situation.
What is the most workers comp settlement?
Most workers get between $2,000 and $40,000 dollars for their claim. The average amount for a workers' compensation settlement is about $20,000. Every case differs, though, and our firm has gotten impressive case results for workers, including one award of $640,000.
How does workers comp settlement work in Florida?
Typically, a settlement agreement will provide you with a lump sum of money in return for a full release of liability—meaning that you give up all of your claims against your employer for your work-related injury or illness, including your right to any additional workers' comp benefits.