(excerpt from “Accident Investigations for Private Investigators and Attorneys”)
Why is it important to investigate a traffic accident? It was just an accident, right? In a 2014 study completed by the National Highway Transportation Safety Administration (NHTSA), the economic cost of traffic accidents in the United States (based on 2010 data) was $871 billion.
The study, published on the NHTSA website and by USAToday, reports an economic loss of $277 billion. That’s about $900 for every person living in the United States. Societal harm from loss of the quality of life and from pain and suffering associated with injuries was $594 billion.
In 2014, the NHTSA reported 29,989 fatal accidents with 32,675 fatalities nationwide. Each state reports the number of people killed each year and the number of fatal accidents. 2014 saw a range of fatalities from 3,538 in Texas to 23 in the District of Columbia.
Other than the economic loss associated with traffic accidents, there are other reasons to investigate an accident. Those involved – family, friends, and associates – want to know what happened to their loved ones. Insurance companies are interested so they can assign fault. Government agencies such as NHTSA, the National Transportation Safety Board (NTSB), Department of Transportation …read more
Source:: Private Invest