Potential Pitfalls In A Workers’ Compensation Settlement
After a work injury, if you are offered a settlement for your workers’ compensation claim, it is tempting to settle to move forward with your life. However, you must ensure that any offer you accept is truly in your best interest.
At Silverman, Silverman & Seligman, P.C., we know how a work injury disrupts your financial stability. For decades, our firm has served the Schenectady community by helping injured workers evaluate these complex choices. We are dedicated to helping you secure a fair outcome for your future.
What Do You Need To Watch Out For When Settling A Workers’ Compensation Claim?
It is important to make sure you are not making rash decisions based on emotion or immediate financial pressure. One common pitfall is deciding to settle based on stories you heard from friends or co-workers. Every claim is unique, and what worked for someone else may not apply to you. You must remain realistic about your recovery and your ability to return to work.
Insurance carriers follow a simple rule: they pay you today so they do not have to pay you tomorrow. You must carefully weigh the pros and cons of closing your medical rights forever. Different injury classifications also play a major role in your decision. For instance, an arm injury involves different long-term work considerations than a complex spine injury. We help you look at the full picture before you sign any agreement.
What If Your Settlement Offer Is Really Low?
Accepting a workers’ compensation settlement that is too low can leave you with unpaid bills later. If the carrier offers an amount that feels insufficient, you do not have to accept it. Many factors determine the value of a claim, including your future medical needs and lost wages. We analyze these details to ensure the carrier treats you fairly. Our team helps you understand the true value of your case so you do not settle for less than you deserve.
Review Your Settlement Offer With Our Office Before Making Any Settlement Decisions
At Silverman, Silverman & Seligman, P.C., we offer free initial consultations and case evaluations to help you understand your options. You do not need to navigate the settlement process alone. To schedule your free appointment, call us at 518-631-4521 or send a message through our website today.