The Economic and Societal Impact of Motor Vehicle Crashes, 2010 (Revised)

The DOT and National Highway Traffic Safety Administration (NHTSA) have released a study on motor vehicle crashes. The following is an excerpt from the introduction.

In 2010, there were 32,999 people killed, 3.9 million were injured, and 24 million vehicles were damaged in motor vehicle crashes in the United States. The economic costs of these crashes totaled $242 billion. Included in these losses are lost productivity, medical costs, legal and court costs, emergency service costs (EMS), insurance administration costs, congestion costs, property damage, and workplace losses. The $242 billion cost of motor vehicle crashes represents the equivalent of $784 for each of the 308.7 million people living in the United States, and 1.6 percent of the $14.96 trillion real Gross Domestic Product for 2010.

Read the full report here.