NHTSA study finds that in 2010, Americans were saddled with $277 billion of crash-related expenses.
In
case you thought safe driving and friendly road manners were lowering
your annual expenses, it turns out you're still overpaying.According to a new economic study from the National Highway Traffic Safety Administration, it's the other guy's fault. Car crashes cost each of us about $900 a year whether we're involved or not, or about $277 billion in total. The NHTSA looked at all available data from 2010, and when putting a value to deaths, injuries and general harm, we were saddled with another $594 billion. And that's just from one year.
Speaking strictly of economic losses, speeding accounted for 21 percent of the total losses, followed by drunk driving (18 percent) and distraction (17 percent). Pedestrians and cyclists, who make up roughly 15 percent of all road-related deaths, cost $19 billion in 2010 (7 percent), while people who refuse to wear seatbelts saddled us with $14 billion (5 percent).
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