New CDC Study Finds Auto Accident Costs Approach $100 Billion


March 10, 2011

There are in excess of six million car accidents per year in the U.S. that claim the lives of over thirty thousand people and result in injury to over three million people. Of those who are injured, more than two million people suffer serious injuries that involve significant medical treatment, ongoing therapy and rehabilitation and/or some degree of permanent disability. Along with these costs to the health and safety of the public, unsafe drivers also exact an enormous economic cost on society. A recent study released by the Centers for Disease Control (CDC) indicates that the economic cost to society of auto accidents is almost $100 billion annually.

 If you or a loved one has been seriously injured in a Georgia auto accident, you may face staggering medical costs including costs associated with long-term ongoing rehabilitative therapy, loss of income resulting from permanent disability and other costs that can cripple a family financially. The Atlanta based law firm of Montlick and Associates, Attorneys at Law, has been representing clients throughout Georgia for over 27 years who suffer serious injury or wrongful death in car wrecks, tractor-trailer collisions, motorcycle crashes and pedestrian accidents. We work hard for our clients’ best interests because we want to get the very best outcome we can for them. It is our goal to be the best auto accident law firm with the most outstanding customer service in Atlanta and throughout Georgia. 

The $100 billion cost estimate for accidents in the U.S. annually amounts to almost $500 per licensed driver. These costs include property damages, health care costs and lost work productivity. The health care costs associated with auto accidents alone amounts to $71 billion per year. According to the CDC report, males, teens, and young adults were disproportionately represented among injury accidents and the associated costs, whereas motorcyclists and pedestrians accounted for a disproportionately higher share of costs relative to their accident injury rate.

The purpose of the CDC study was to examine what types of public safety measures would reduce the economic costs associated with motor vehicle accidents. Based on the results of the study, the report recommended that laws and other public awareness measures aimed at encouraging seat belt use, child safety restraint use, motorcyclist and bicyclist helmet use and teen graduated driving laws could result in significant economic savings. It is also safe to presume that stronger drunk driving laws and increased restrictions on distracted driving could greatly reduce the costs associated with auto accidents.

Anyone who is involved in a serious Georgia car accident faces the prospect of catastrophic injuries and financial costs that can decimate a family. It can be overwhelming to deal with insurance, legal, and financial issues while trying to recover from physical injuries and the stress associated with being involved in a Georgia auto accident. Montlick and Associates is available to represent your best interest in handling these legal, financial, and administrative matters so that you can focus on your recovery. Our Georgia auto accident lawyers will work in your best interest to help you get the compensation that you deserve.

Our experienced Georgia auto accident lawyers are available to assist clients throughout all of Georgia and the Southeast, including but not limited to Albany, Athens, Atlanta, Augusta, Columbus, Gainesville, Macon, Marietta, Rome, Roswell, Savannah, Smyrna, Valdosta, Warner Robins and all smaller cities and rural areas in the state. No matter where you are located our attorneys are just a phone call away, and we will even come to you. Call us 24 hours a day/7 days a week for your Free Consultation at 1-800-LAW-NEED (1-800-529-6333). You can also visit us online at www.montlick.com and use our Free Case Evaluation Form or 24-hour Live Online Chat.

Category: Auto Accidents

Please Note:
Many of our blog articles discuss the law. All information provided about the law is very general in nature and should not be relied upon as legal advice. Every situation is different, and should be analyzed by a lawyer who can provide individualized advice based on the facts involved in your unique situation, and a consideration of all of the nuances of the statutes and case law that apply at the time.