How much do crashes cost the economy?
How much do crashes cost the economy? The $340 billion cost of motor vehicle crashes represents the equivalent of $1,035 for each of the 328 million people in the United States and 1.6% of the $21.4 trillion real U.S. gross domestic product for 2019.
How likely is a crash?
Car Accidents Causing Injuries? Over two million people are hurt in traffic accidents every year. As noted above, Esurance says your odds of getting involved in a car accident are one crash out of 366 for every 1,000 miles distance driven.
Are crashes a cost to society?
Study: 1 Year of Road Crashes Cost Society $340 Billion Traffic crashes in the U.S. cost society $340 billion in one year, or just over $1,000 for each of the country's 328 million people, according to a study by safety regulators. Jan. 10, 2023, at 1:17 p.m.