Car accidents have a tremendous cost to individuals and to families when a collision causes injury or fatalities. Motor vehicle collisions also have an aggregate cost to society. The National Highway Traffic Safety Administration (NHTSA) has recently published a study quantifying how much harm collisions can cause.

What is the Cost of Motor Vehicle Collisions?

While it is easy to determine the money spent on medical bills and lost income, there is no accurate measure for the pain and suffering resulting from a permanent injury or the loss of a loved one. Those who have been harmed deserve to be compensated.  Accident attorneys in Denver can help, so call Bell & Pollock, P.C. for assistance pursuing a claim for damages.

The Costs of Motor Vehicle Collisions

According to the NHTSA:

  • The economic costs of motor vehicle losses total nearly $900 for each person living in the United States.
  • Crashes have a total cost of $871 billion when factoring in both actual economic loss as well as overall harm to society. The economic costs are about $277 billion and the costs for societal harm are around $594 billion. Societal harm costs are determined by assessing the loss of life caused by collisions as well as the pain and decreased quality of life that crashes can cause.
  • Around 18 percent of total economic losses resulting from motor vehicle collisions happen in accidents caused by drunk drivers.  The economic loss from DUI accidents is around $49 billion, which is $158 for each person in the United States.
  • Around 23 percent of all costs associated with societal harm occur in drunk driving collisions. These accidents account for about $199 billion in societal costs.
  • An estimated 21 percent of total economic loss resulting from collisions occurs as a result of speeding. Drivers who go too fast and who cause wrecks cost the nation $59 billion in economic damages in a single year. This is the equivalent of $191 per person in the United States.
  • Around 24 percent of all societal harm caused by motor vehicle crashes was caused by speeding. When lost quality of life and other societal costs were considered, speeding accidents had a price tag of $210 billion.
  • Around 17 percent of total economic loss from collisions in the U.S. resulted from driver distraction.  The economic loss caused by distracted drivers totaled more than $46 billion, or an average of $148 per person in the U.S.
  • Around 15 percent of societal harm costs were caused by distracted driving.  The dollar value of the losses was set at $129 billion.

This data clearly shows that if motorists would simply stop doing these three extremely dangerous behaviors, the cost of collisions would be billions of dollars less.  Motorists also need to buckle up, as a lack of seat belt use among some motorists resulted in $14 billion in economic loss and $72 billion in lost quality of life.

The drivers who make the dangerous choices need to be held accountable so injured victims and their family members are not left to cope with financial problems and uncompensated losses while also focusing on recovery or grieving a death.  An attorney can help to hold dangerous drivers responsible.

Contact Bell & Pollock at (877) 744-5900  to schedule a consultation with a personal injury lawyer in Denver.

Contact Us

Call a trusted attorney at Bell & Pollock, P.C. at (303) 795-5900 to get on the road to recovery now. You can also email our firm via the contact firm on this page.

As proud champions of the people, our lawyers are ready to answer your questions, explain the law and your rights, and help you take whatever steps necessary to recover the compensation you’re entitled to. With us in your corner, you can be confident that you have the legal support and representation necessary to successfully resolve your claim.

Don’t delay your recovery for a second longer – and don’t be misguided into thinking that you have to go through the process alone. Our attorneys are here, ready to help – and you won’t have to pay us anything until (or unless) there is a recovery in your case.

You may confidentially submit your question and it will be answered by Bell & Pollock, P.C. The only little catch is that he does this as a public service and he's going to give you some general advice only. This does not make you a client of Bell & Pollock, P.C. There is no charge for this service.
 
 
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Case Results

WE KNOW HOW TO WIN

CASE: Client was injured by a drunk driver. As a result of the motor vehicle accident, client was rendered a quadriplegic and needed a life care plan.
Outcome: $9,600,000

CASE: Against Insurance company for failure to pay for property damage after a gas and fire explosion.
Outcome: $1,600,000

CASE: Medical malpractice for failure to diagnose a descending aorta aneurism, resulting in death.
Outcome: $1,300,000

CASE: Neck and back injuries from car accident. Client had ongoing symptoms and needed injections for attempted remediation of pain.
Settled for $485,000

CASE: Client was injured in a 2 vehicle collision. She suffered a traumatic brain injury, concussion and multiple injuries to the neck.
Outcome: $6,000,000

CASE: Client was in her car and was T-Boned by a commercial vehicle. Her cerebral spinal fluid leaked and she suffered a concussion and traumatic brain injury with neck and lumbar (low back) injuries. Her neck injury caused radiating pain, numbness and tingling in her arms.
Outcome: $3,400,000

CASE: Client was driving on a rural road when another c