What is the economic cost of motor vehicle crashes?

What is the economic cost of motor vehicle crashes?

In 2010 the total economic cost of motor vehicle crashes in the United States was $242 billion. This represents the present value of lifetime economic costs for 32,999 fatalities, 3.9 million non-fatal

How many people die in motor vehicle crashes each year?

About 38,000 people are killed in motor vehicle traffic crashes each year in the United States. 1 Traffic crash deaths resulted in $55 billion in medical and work loss costs in addition to the immeasurable burden on the victims’ families and friends in 2018. 1

How many people die from alcohol impaired driving?

In 2016, 10,497 people died in alcohol-impaired driving crashes, accounting for 28% of all traffic-related deaths in the United States. 1 Of the 1,233 traffic deaths among children ages 0 to 14 years in 2016, 214 (17%) involved an alcohol-impaired driver. 1

Why are there so many car accidents in the United States?

The level of traffic is one of the reasons leading to more traffic accidents: In 2018, there were some 12 million vehicles involved in crashes in the United States.

In 2010 the total economic cost of motor vehicle crashes in the United States was $242 billion. This represents the present value of lifetime economic costs for 32,999 fatalities, 3.9 million non-fatal

How much do car accidents cost each year?

Taking into account medical costs and the financial loss of not being able to work, car accidents costs hundreds of billions of dollars each year. A study conducted by the NHTSA estimated that traffic accidents cost $871 billion dollars each year.

How much does drunk driving cost the United States?

In addition to the human toll drunk driving takes on our country, the financial impact is devastating: based on 2010 numbers (the most recent year for which cost data is available), impaired-driving crashes cost the United States $44 billion annually.

How much does alcohol related crashes cost the public?

Alcohol is a factor in 35% of the United States crashes. Alcohol-related crashes in the United States cost the public more than $110 billion in 1998, including more than $40 billion in monetary costs and almost $70 billion in quality of life losses.