The Cost of Auto Accidents & Statistics

auto accident

Motor vehicle accidents and fatalities increased in 2012 after six consecutive years of declining fatalities. 33,561 people died in motor vehicles accidents in 2012 up from 32,479 in 2011, according to the NHTSA. In 2012, 2,362,000 people were injured in crashes, up from 2,217,000 in 2011.

Medical expenses reported by auto injury claimants continue to increase than the rate of inflation, according to new research from the Insurance Research Council’s (IRC) Auto Injury Insurance Claims Study. From 2007-2012, average claimed economic losses grew 8% annualized among personal injury protection (PIP) claimants. Among bodily injury claimants, average claimed losses grew 4%.

In 2012, the average auto liability claim for property damage was $3,073; the average auto liability claim for bodily injury was $14,653

In 2012, the average collision claim was $2,950; the average comprehensive claim was $1,585.

In 2010, the cost of medical care and productivity losses associated with motor vehicles injuries was over $99 billion, or nearly $500 for each licensed driver in the country, according to the Centers for Disease Control and Prevention. Every 10 seconds an American is treated in an emergency department for crash-related injuries.

Crash Type & Driver Behaviors

  • In 2012 there were 5,419,000 police-reported motor vehicle accidents. 33,561 people died in these crashes.
  • Alcohol-Related Crashes: In 2012, 10,322 people were killed in crashes involving alcohol. Alcohol impaired-driving fatalities increased by 4.6% in 2012, accounting for 31% of overall fatalities.
  • Drunk Driving and Speeding: In 2012, 42% of intoxicated drivers involved in crashes were speeding, compared with 16% of sober drivers.
  • Speeding: In 2012, 10,219 people were killed in speeding-related accidents, according to the NHTSA., accounting for 30% of all fatal crashes that year. Speed-related crashes cost Americans $40.4 billion each year.
  • Red-Light Running: The IIHS says more than 900 people a year die and nearly 2,000 are injured as a result of vehicles running red lights.
  • Fatigue: More than 25% of drivers age 16 or older said in the past 30 days they had driven when they were so tired they had a hard time keeping their eyes open. The AAA Foundation found that 1 in 6 fatal crashes involved a drowsy driver.
  • Distracted Driving: In 2012, 3,328 people were killed in distracted driving-related crashes. 421,000 were injured.
  • Cell Phone Use: In 2012, 1.5% of drivers were texting or using a phone while driving. Hand-held cellphone use was highest among 16- to 24-year olds.

 

If you or a loved one has been seriously injured in a motor vehicle accident, we can help you receive the money you deserve. Contact us today for a free case appraisal.

Read more about the cost and statistics associated with auto accidents.

 

Dear friends and clients,

In furtherance of our firms culture of commitment to always act with compassion, concern and commitment to our clients, community and colleagues, we have been taking precautions to ensure that we are still fulfilling our ethical and moral obligations while prioritizing health, wellness and safety of all we can. 

As you know, the COVID-19 pandemic has introduced changes to many lives and businesses in our communities, and around the world. We, much like our neighbors and friends, have been taking precautions to ensure that we are still fulfilling our ethical and moral obligation to our clients, while also prioritizing the health, wellness and safety of our employees.

Until further notice, our offices will be closed to the public to encourage social distancing and to help prevent the spread of COVID-19. Our team is still hard at work, many from home, and you may still call, email, live chat or video conference us if you or a loved one is seeking legal assistance. As the first law firm to offer our clients secure online access to their case file more than a decade ago, we have always been believers in using technology to make life easier and information more accessible. In these present times it has been a smooth transition for us to continue to offer our clients the same seamless and thorough service that you deserve and are accustomed to.

This pandemic is unlike anything any of us have faced in our lifetimes, and while we can continue to emotionally support one another through it all, staying home and keeping your distance is vital to the health and wellness of our communities. It does not feel good to break routines, cancel events and retreat from our normal, day-to-day socializing, but let us remember that, in times of strife, prior generations were asked to go to war and we are simply being asked to stay home. Your isolation equals more lives saved, and more time for medical providers to prepare for the treatment of patients battling COVID-19.

When the dust settles, we will join together with a greater appreciation for our lives, local businesses, loved ones and health. Until then, we will continue to offer guidance from a safe distance.

Very truly yours,

Andrew G. Finkelstein and the staff of Jacoby & Meyers, LLP