A workers compensation settlement calculator estimates the value of a workers comp claim based on the nature and severity of your workplace injury, your average weekly wage, the type of benefit (temporary disability, permanent partial disability, or permanent total disability), and your state's benefit schedules.
How Are Workers Comp Settlements Calculated?
Workers compensation settlements fall into two categories: structured settlements (ongoing weekly payments) and lump-sum settlements (one-time payment closing the claim). Lump-sum amounts are calculated based on the present value of future benefits, your impairment rating, and your state's maximum benefit limits.
Most states use a permanent partial disability (PPD) rating system — a physician assigns a percentage of impairment to your injured body part, and the settlement is calculated as a multiple of your average weekly wage times the weeks assigned to that impairment level.
Key Differences From Personal Injury Claims
Unlike personal injury claims, workers comp settlements do not include pain and suffering damages in most states. Workers comp is a no-fault system. In exchange, your recovery is limited to economic damages: medical treatment, wage replacement, and impairment benefits. If a third party caused your injury, you may be able to pursue both a workers comp claim and a separate personal injury lawsuit.
Estimate Your Damages Now
If your workplace injury was caused by a third party's negligence, our Pain & Suffering Calculator can help estimate the non-economic damages you may be entitled to pursue outside of workers comp.