Data released by the National Highway Traffic Safety Administration (NHTSA) notes that the price tag of all
motor vehicle accidents in the United States is $871 billion.
The amount stems from economic costs, which is about $900 per person, and nearly $600 million in injuries and the pain and decreased quality of life due to injuries. The study took a look at roadway crashes in 2010 which included 24 million damaged vehicles.
Some key findings include:
- Drunk driving accounted for 18 percent of the total economic losses, on average the cost was $158 for every person in the U.S. Over 90 percent of these costs occurred in crashes involving a driver with a blood alcohol concentration of .08 or higher.
- Distracted drivers accounted for 17 percent of total economic costs.
- Speeding accounted for the second highest percentage of total economic costs. In 2010, speeding accidents cost the nation $59 billion.
- Crashes involving pedestrians and bicyclists accounted for 7 percent of the total economic loss. These crashes were responsible for $90 billion or 10 percent of societal harm caused by motor vehicle accidents.
- Unbelted occupants accounted for 5 percent of total economic loss, however, seatbelt use prevented the loss of $69 billion in economic costs.
Factors that contribute to these numbers include productivity loss, property damage, medical and rehabilitation costs, emergency services, lost wages and more.
If you or a loved one has been injured in an auto accident by a careless driver, contact a car accident lawyer from The Eichholz Law Firm today at (866) 947-7449.