Report: Accidents Cost Americans $1,051 Each
According to a study by AAA, auto accidents cost Americans more than a $1,000 a year. The report said that’s 2 ½ times what congestion costs Americans, according to CNN Money.
The AAA study quantified the accidents by considering the costs from medical care, emergency services, property damage, lost productivity, and quality of life – costing a grand total of $164.2 billion annually.
The study showed that congestion costs Americans $67.6 billion annually, or $430 a person. The study aimed to “put a price tag on accidents
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