This report outlines how the estimated social cost of motor vehicle fatal and injury crashes in 2017 increased $0.6 billion on the previous year to $4.8 Billion.
This report identifies the 378 fatalities of 2017 as having a social cost of $4.4 million each. A serious injury was $458,400 each, while each minor injury was $24,700. The social costs comprise a range of factors including; loss of life or quality of life, loss of earnings potential due to death, permanent injury or temporary disability, emergency, hospital and rehabilitation costs, legal and court costs and vehicle damage. However, it’s impossible to fully account for the personal price families and communities face with lives lost, or changed forever.
Read the report here
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