Day on Torts
The U.S. Centers for Disease Control and Prevention has estimated that motor vehicle accidents cost the United States economy almost $100 billion each year, or about $500 per licensed driver.
Motorcycle accidents cost about $12 billion. Car and truck accidents total $70 billion.
The CDC looked at data from 2005. In that year, there were 3.7 million injuries and deaths resulting in medical care from motor vehicle accidents.
The CDC has also released a one-page fact sheet to help communities play an important role in reducing the human and economic toll of motor vehicle-related injuries by supporting prevention policies that have been shown to save lives and reduce costs.
Read the report here.