LouisianaWorkers’
Comp Settlements

What to Know about Louisiana Workers’ Comp Settlements

Every workers’ comp case is different. Your individual case will have many variables to consider.

Here are some major points to keep in mind about workers’ comp settlements:

• It’s not guaranteed. You can’t just sign up for a settlement. It’s not an automatic step in the workers’ comp process. It’s up to you to negotiate your settlement with the insurance company.
• You’re not required to accept a settlement. Sometimes, insurance companies like to settle, but you don’t have to.
• Don’t accept the value they assign. Insurance companies will low-ball the amount they say your claim is worth. Talk to a workers’ comp lawyer to find out what you really should receive.
• Timing is important. A settlement often comes into the picture when you’ve already received most of the medical treatment you’re likely to need for your injury.
• Your personal situation is important. When you’re ready to move on with your life and stop dealing with the workers’ comp process, it could be the right time to settle.
• Settlements have a specific purpose. A workers’ compensation settlement isn’t designed to give you financial security for the rest of your life. Its purpose is to help you make the transition to the next stage of your life.
• It’s final. When you settle, you’re taking your last payment and ending your relationship with the workers’ comp insurer. You won’t have coverage under workers’ comp for any future costs resulting from your injury.

Our goal at Workers’ Compensation, LLC, is to help you make the right decision. We’re not here to push you to settle.

We can start with a free initial consultation on your claim.