Crashes cost $203.6 billion annually, NHTSA says

May 10, 2002
A study conducted by NHTSA has determined that the overall economic impact of motor vehicle crashes on America's roadways now totals $230.6 billion a year. The report, based on calendar year 2000 data, calculates the U.S. economic costs of an average roadway fatality at $977,000 and estimates the economic costs associated with a critically injured crash survivor at $1.1 million. NHTSA's study estimated
A study conducted by NHTSA has determined that the overall economic impact of motor vehicle crashes on America's roadways now totals $230.6 billion a year.

The report, based on calendar year 2000 data, calculates the U.S. economic costs of an average roadway fatality at $977,000 and estimates the economic costs associated with a critically injured crash survivor at $1.1 million.

NHTSA's study estimated the yearly economic cost of roadway crashes to include: $61 billion in lost workplace productivity, $20.2 billion in lost household productivity, $59 billion in property damage, $32.6 billion in medical costs, and $25.6 billion in travel delay costs.

The study also found that seat-belt use is a critical factor in reducing death and injuries in motor vehicle crashes. In one year, the use of seat belts prevents an estimated 11,900 fatalities and 325,000 serious injuries, saving $50 billion in medical care, lost productivity and other injury-related costs.

Conversely, the failure of crash victims to wear seat belts leads to an estimated 9,200 unnecessary fatalities and 143,000 needless injuries, costing society $26 billion, said NHTSA.

The report also underscored the economic costs associated with alcohol-involved crashes, which resulted in an estimated 16,792 fatalities in 2000, as well as 513,000 nonfatal injuries, and $50.9 billion in economic costs. Alcohol-involved crashes account for 22% of all crash costs, said NHTSA.

About the Author

Sean Kilcarr | Editor in Chief

Sean previously reported and commented on trends affecting the many different strata of the trucking industry. Also be sure to visit Sean's blog Trucks at Work where he offers analysis on a variety of different topics inside the trucking industry.

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