The U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) released a new study that underscores the high economic toll and societal impact of motor vehicle crashes in the United States. The price tag for crashes comes at a heavy burden for Americans at $871 billion in economic loss and societal harm.
"No amount of money can replace the life of a loved one, or stem the suffering associated with motor vehicle crashes," said U.S. Secretary Anthony Foxx. "While the economic and societal costs of crashes are staggering, today's report clearly demonstrates that investments in safety are worth every penny used to reduce the frequency and severity of these tragic events."
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