Why is it important to investigate a traffic accident? It was just an accident, right? In a 2014 study completed by the National Highway Transportation Safety Administration (NHTSA), the economic cost of traffic accidents in the United States (based on 2010 data) was $871 billion.
The study, published on the NHTSA website and by USAToday, reports an economic loss of $277 billion. That’s about $900 for every person living in the United States. Societal harm from loss of the quality of life and from pain and suffering associated with injuries was $594 billion.
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