If you were to guess how much damage car accidents caused in 2010, what would you say? Would you guess $871 billion, because that is what the National Highway Traffic Safety Administration has calculated to be the total economic loss and societal harm caused by car accidents. That is the total for a single year, so you can only imagine how much damage has been caused in the past five years.
Of course, we realize that motor vehicle crashes can cause serious injuries, but they also take their toll on individuals' ability to work and, thus, businesses' ability to turn a profit. They also cause property damage, congestion on the roads and numerous other negative situations.
And, as we have mentioned on our blog before, if someone is injured in a car accident, he or she can file a personal injury lawsuit. Injured victims can request compensation for more than just their medical bills, however. With the help of a motor vehicle accident attorney, a victim can receive compensation for lost wages, for the damage to his or her vehicle, for his or her diminished work capacity, and so on.
Unfortunately, 2010 saw a considerable number of accidents in the U.S. There were 3.9 million people who suffered nonfatal injuries in motor vehicle crashes. The number of fatalities, however, is a staggering 32,999. This is almost as high as the total populations in some small countries.
More recent data does not currently appear to be available and it is unknown if these numbers have increased in the past several years.
Source: Click On Detroit, "NHTSA: Car crashes have $871 billion impact on economy, society," May 29, 2014