7 Signs A Workers' Comp Insurance Company Is "Lowballing" You

Home » When Will Workers' Comp Offer A Settlement » 7 Signs A Workers' Comp Insurance Company Is "Lowballing" You

Maybe your like

Signs you should watch out for to avoid getting stuck with a lowball settlement offer

Georgia workers file an average of 30,000 to 40,000 workers’ compensation claims each year. While some will receive compensation with no trouble, many others will get denied or mistakenly accept “lowball” workers’ compensation settlements through an unfair stipulation agreement.

If your claim is denied, there will be a deposition. A deposition is a formal process where you provide sworn testimony, often under questioning by the opposing attorney. It’s important to be cautious during this stage, as you cannot win your case at the deposition, but you can harm it through workers’ comp deposition mistakes.

It’s understandable why injured workers are tempted to accept a settlement offer, even when they know it is less than they deserve. Medical bills may be piling up and you might be unable to work, putting your family’s financial future in jeopardy. This stress and uncertainty can weigh on you and make any offer seem appealing.

But it’s important to understand how the workers’ compensation system works in Georgia so that you don’t lose out on full compensation for your work-related injury. Speaking with Gerber & Holder workers’ compensation attorneys can help you avoid common mistakes that cost injured workers money. By accepting a lowball settlement offer, you are likely voiding any and all rights you have, both now and in the future, to seek additional compensation.

So how can you know when an insurance adjuster is trying to lowball you?

Here are some signs to look for:

Tag » When Will Workers' Comp Offer A Settlement