SOCIETAL COSTS OF MOTOR VEHICLE ACCIDENTS-PRELIMINARY REPORT

THIS ANALYSIS OF ACCIDENT COSTS IS BASED ON THE CONCEPT THAT CALCULABLE LOSSES ARE EXPERIENCED BY SOCIETY REGARDLESS OF WHETHER ALL COMPONENTS HAVE BEEN TRANSLATED INTO ECONOMIC COSTS. LOSS CATEGORIES EVALUATED INCLUDE PROPERTY DAMAGE, MEDICAL COSTS, PRODUCTIVITY LOSSES, INSURANCE ADMINISTRATION, LOSSES TO OTHER INDIVIDUALS, EMPLOYER LOSSES, FUNERAL COSTS, COMMUNITY SERVICE LOSSES, PAIN AND SUFFERING, AND MISCELLANEOUS COSTS. THE ANNUAL TOTAL COST OF HIGHWAY ACCIDENTS IS ESTIMATED AT $45 BILLION. THE LOSS FROM EACH FATALITY IS ESTIMATED AT $200,000, EACH NONFATAL INJURY AT $7,300, AND EACH PROPERTY DAMAGE ACCIDENT AT $300. /HSL/

• Corporate Authors:

  National Highway Traffic Safety Administration

  1200 New Jersey Avenue, SE
  Washington, DC  United States  20590
• Publication Date: 1972

Media Info

• Features: References;
• Pagination: 56 p.

Subject/Index Terms

• TRT Terms: Costs; Crash severity; Crashes; Social factors
• Subject Areas: Finance; Highways; Safety and Human Factors; Society;

Filing Info

• Accession Number: 00221816
• Record Type: Publication
• Source Agency: Highway Safety Literature
• Files: TRIS, USDOT
• Created Date: Jan 17 1973 12:00AM