ECONOMIC CONSEQUENCES OF AUTOMOBILE ACCIDENT INJURIES

THE RESULTS ARE PRESENTED OF A PROBABILITY SAMPLE SURVEY OF POLICE-REPORTED INJURIES AND FATALITIES DUE TO AUTOMOBILE ACCIDENTS IN THE 48 CONTIGUOUS STATES AND THE DISTRICT OF COLUMBIA. THE STUDY REPRESENTS 500,000 FATALITIES AND SERIOUSLY INJURED PERSONS. AVERAGE ECONOMIC LOSSES TO THE DATE OF INTERVIEW (18 TO 30 MONTHS AFTER THE ACCIDENT) FOR SERIOUSLY INJURED PERSONS WERE $4,200. AVERAGE ECONOMIC LOSSES TO FATALITY CASES WERE $2,300, EXCLUSIVE OF LOST EARNINGS. ECONOMIC LOSSES TO FAMILIES WHO HAD ONE OR MORE SERIOUSLY INJURED MEMBERS OR FATALITIES AVERAGED 4,200 TO DATE OF INTERVIEW PLUS $6,100 IN FUTURE LOST EARNINGS. ON THE AVERAGE, ABOUT HALF OF TOTAL PERSONAL AND FAMILY ECONOMIC LOSS WAS RECOVERED. ABOUT ONE-THIRD OF RECOVERY FOR PERSONAL AND FAMILY LOSSES DUE TO SERIOUS INJURY OR FATALITY WAS FROM TORT, 15% FROM MEDICAL AND AUTO MEDICAL INSURANCE, 14% FROM LIFE INSURANCE, 6% FROM COLLISION INSURANCE, AND 24% FROM WAGE REPLACEMENT SOURCES.

  • Corporate Authors:

    Department of Transportation

    /Am Ins & Compensation Study
    ,   United States 
  • Publication Date: 1970-4

Subject/Index Terms

Filing Info

  • Accession Number: 00201820
  • Record Type: Publication
  • Report/Paper Numbers: 2 Vol
  • Files: TRIS, USDOT
  • Created Date: Jun 22 1970 12:00AM