Personal Injury Law

Cost of Auto Accidents

By John Day

The U.S. Centers for Disease Control and Prevention has estimated that motor vehicle accidents cost the United States economy almost $100 billion each year, or about $500 per licensed driver.

Motorcycle accidents cost about $12 billion.  Car and truck accidents total $70 billion. 

The CDC looked at data from 2005.  In that year, there were 3.7 million injuries and deaths resulting in medical care from motor vehicle accidents.

The CDC has also released a one-page fact sheet to help communities play an important role in reducing the human and economic toll of motor vehicle-related injuries by supporting prevention policies that have been shown to save lives and reduce costs.

Read the report here.

Full post as published by Day on Torts on October 19, 2010 (boomark / email).