Jul 7, 2014

two cars turned upside-downThe NHTSA released the results of a new study about the financial impact of car crashes, and the results are astonishing.  At the end of May, we learned that EVERYONE is impacted by car crashes.  Toyota dealer near Philadelphia explains the true cost of car accidents on Americans.

 

In addition to suffering financial losses, many accidents result in injuries and the loss of life.  According to the NHTSA, accidents in 2010 contributed resulted in 32,999 fatalities, 3.9 million injuries and damage to more than 24 million vehicles.  The financial loss is not only felt by the parties involved, but Americans throughout the states are impacted as well.  Americans get hit in the pocket book in the form of productivity losses, congestions costs, courts, law enforcement and emergency responder costs, and increases in insurance premiums across the board.

 

According to the NHTSA, drunk driving contributed to nearly 18 percent of the total economic loss, resulting in $49 BILLION annually.  The NHTSA reports that it breaks down to $158 per person in the US.  The agency states that 90 percent of the costs of the accidents were the result of a drunk driver with a BAC over the legal limit of 0.08. Speed was also a major factor in societal harm.  The NHTSA reports that speeding cost Americans nearly $59 billion in 2010, resulting in an extra $191 per year out of the pocket of every American in the U.S.  The third most expensive accident for Americans is an accident caused by distracted driving.  The NHTSA estimates that distracted driving costs Americans $46 billion per year, which means $148 per each American.