How Much Do Car Accidents Cost?

How Much Do Car Accidents Cost?

How Much Do Car Accidents Cost?

I’m Ed Smith, an El Dorado Hills auto accident attorney. Each year the National Safety Council collects data from every single accident that occurred during a 365-day period and tallies up the total dollars spent to resolve personal injuries and damages that were incurred due to a vehicular accident.

What are the estimated costs?

There are many costs that are factored into these estimates. Including, but not limited to:

The data below shows the estimated costs for a wide variety of auto accidents.

  • The average cost of each nonfatal but disabling injury: $61,700.
  • The average expense paid for each incident that caused property damage: $7,550.
  • The average amount paid out in a fatal auto accident: $1,130,000.
  • The average expense for a possible injury accident: $12,000.
  • The average cost for an incapacitating injury accident: $66,000.
  • The average amount spent on a non-incapacitating injury accident: $21,500.

Comprehensive Expenses

The figures above only take into consideration the economic effect of vehicular accidents. The National Safety Council then took into consideration the true value of auto accidents by factoring in the loss of quality of life for parties who sustained injuries in an auto accident, and a multitude of other long term non-economic effects. These results are posted below:

  • Comprehensive expenses paid for a non-injury accident: $2,400.
  • The average comprehensive expense paid out on a fatality accident: $4,200,000.
  • Comprehensive expenses paid for a possible injury: $26,300.
  • The comprehensive amount paid out on an incapacitating injury: $209,500.
  • The average comprehensive expense paid out on a non-incapacitating injury: $54,500.
  • Average comprehensive expense of no injury: $2,400.

Of course it is extremely difficult, if not impossible to take into account every single dollar connected with injuries sustained by women, children, and men in vehicle accidents. Therefore, the figures provided by the National Safety Council should be viewed as estimates, not exact amounts – nevertheless, the results are very eye-opening.

ACCIDENT FAQ

Can You Tell Me What Information to Obtain From the Other Driver?

Yes. Most people are not aware that there are strict confidentiality laws in the State of California. This makes it vital to get ALL the information before leaving the scene of the car crash, instead of waiting until you receive a copy of the traffic collision report.

What Information do I ask for from the other driver(s)?

If you’ve been in an car accident or motorcycle accident, you need to obtain the other driver’s complete name. Be sure to get the exact spelling. You should also obtain the driver’s phone number, address and we recommend you get their email address as well. Any extra identifying information that could help you locate the driver in the future would be great, for example a business card. Additionally, you will want to find out their date of birth or get it off of their driver’s license. Our accident lawyers recommend taking a picture of their driver’s license with your smart phone. When it comes to driver’s licenses, you should remember to ask for their most current information because that ID may have an old address on it.

How Should I Proceed If the Driver Is Not from California?

Good question. Go through the same steps as above. But also ask whether they have recently moved to town or are simply visiting. If visiting, find out the address of where they are staying. Just ask them and carefully take down that information. It’s sad but true that a lot of people simply do not go through the process or expense of switching over their IDs after moving to California. Some wait a very long time before doing so. This could really interfere with your ability to track them down.

What type of DMV Information should I Obtain from Them?

It is important to request to see their driver’s license. Carefully write down their ID number. Or take a photo of it with your phone. You also should write down and/or photograph their license plate number. If you really want to be on top of things, it’s wise to get the vehicle’s VIN number. Ask them if you can see their vehicle registration and then get the VIN number of that document.

Do I need to collect information on the other vehicle(s) involved?

Yes, you should. Carefully write down the make, model and year of the vehicle. You can find this information on the vehicle registration. Also write down the color of the vehicle and how many doors it has, and any other identifying features you think may be important. Take notes of the vehicle’s condition, if your phone has a camera take pictures of all of the vehicles involved.

How do I find out who carries the other involved parties auto insurance?

Our car accident lawyers ALWAYS advise asking to see the other parties’ auto insurance card, take a picture of it if possible. This is by far the safest way to learn the name of their insurance company. If you’re not able to take a picture of the card, you’ll want to write down: Name of the insured (It may be different than the name of the driver involved in the collision), the policy number, expiration date, agent’s name, and phone number. This is one of the most crucial pieces of information you will need to obtain. It is crucial to obtain information on the insured/registered owner and the driver.

Do I have to gather the passenger’s information as well?

It is a good idea to do so. Get the complete name and contact information.

Will the officers give me their information?

Not always. What you want to do is just ask for their name and a badge number. This should be enough to help you obtain a police report.

Is there any other information I should gather?

Yes, take a look around the accident site and write down or take pictures of any information about the road conditions, actual street where the accident occurred, debris in the road, weather, and anything else that could have contributed to your accident.

El Dorado Hills Auto Accident Lawyer

I’m Ed Smith, an El Dorado Hills auto accident attorney. If you or a loved one has suffered injuries in an auto accident as a result of another driver’s negligence, please call me at (530) 392-9400 or you can reach me toll-free at (800) 404-5400 for free, friendly and no-obligation advice.

I have been assisting families from Northern California with their personal injury and wrongful death claims since 1982.

Read what my previous clients have to say about us on: Yelp, Avvo, and Google Plus.

Million Dollar Advocate Forum member.

View our past verdicts and settlements.

Founder of: www.autoaccident.com

Source of How Much do Car Accidents Cost? – National Safety Council

:RTC

 

Posted In:
Updated:

Client Reviews

  • Me and my wife; had a car accident. We were amazed how easy, professional, friendly attorney Ed Smith is along with his staff. Everybody is amazing. Thank you so much, we are very impressed!
    Sincerely,
    ★★★★★
  • Ed Smith and his office team took on a difficult personal injury case on my behalf and for the passenger in my car. Ed is a top- notch attorney. His staff couldn't have been more helpful and kind. No need to look elsewhere. I give Ed Smith my highest recommendation.
    ★★★★★
  • Ed and Robert have been taking great care of my husband and I for the past 5+ years. They are always there when you have a problem and a quick resolution! Even when the issues have nothing to do with them. They are willing to help ease the pain off your shoulders. They are as good as it gets! Thank you again for everything.
    ★★★★★
  • Very professional. Great team, staff and service all around. Mr Smith was very honest, straight forward with his advice. He gives the word "attorney" an honest reputation. I will seek his council anytime, and would recommend him at the drop of a dime.
    ★★★★★
  • I would highly recommend Ed Smith to any friends or family in need of a personal injury attorney. Ed, and his staff, are very caring on top of being very experienced in this field. The staff always keeps you informed of the status of your case and they are always easy to reach by phone.
    ★★★★★
  • Edward Smith law offices provide competent, thorough, and personable help for victims of personal injury. When you first meet the staff you know you contacted the right office. This law office treats clients like people. I recommend this office to anyone seeking representation regarding personal injury.
    ★★★★★