The US is often accused of harboring a ‘claim culture’. The problem is that the continuing rise in the number of accident claims appears to shed truth on this.
Granted, the number of accidents is also increasing. The number of fatal workplace accidents has also risen by 7%. So let’s take a look at the rise in accident claims and what this could mean for the average person.
If we look at the statistics from 2014 to 2016 we can see that the number of accidents has increased by 2.6%. This represents thousands more accidents than in previous periods.
This is in spite of the fact that workplace safety has never been better. It’s a big issue that employers are focusing on, so they don’t run into problems later.
So what effect is this going to have?
Insurance premiums always go up each year. But for anyone who has had to claim through their insurer for an accident, they’re noticing a huge jump in their premiums.
The truth is that premiums go up by an average of 44.1% across the nation for those who have made a claim. This applies to anyone who has made a claim, not just those who were found to be at fault in an accident.
And these numbers have only been going up. The number of claims is rising, the severity of collision-based accidents has risen by 8.2% in two years, and the payouts are going up as a result.
Insurers feel like they need to increase premiums to cover their losses.
The best workers’ compensation attorneys will always tell you that you should make a claim if you believe that you’ve been wronged. You shouldn’t allow potential rises in insurance premiums to scare you away from getting what you deserve.
Furthermore, many insurers offer accident forgiveness, so previous claims won’t necessarily mean that you get hit by huge insurance rises.
You should make sure you always have access to a professional attorney. The fact of the matter is that accidents are rising, insurance premiums are going up, and accidents of all kinds are causing more bodily/property damage than ever. You need good legal representation to protect you.
We recommend that you do your research to ensure that you don’t fall victim to the rise in accidents and claims across the nation.
A good lawyer will be able to do a lot to make sure that your claim is processed quickly, and your payout is maximized.
For more information on how to find the best attorneys, click on this link: https://www.dsslaw.com/our-firm/attorneys/samuel-davis/
Last Word – Is the Trend Going to Reverse?
There are no signs that the current trend is going to reverse anytime soon. The numbers have been rising for years. Is it because of a lack of workplace safety or a lower threshold for making a claim? There are many theories.
The lesson you need to take away is that you must be protected, so make sure you have the right attorney on your side today!