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NHTSA Study Shows Motor Vehicle Crashes Have $871 Billion Economic and Societal Impact on U.S. Citizens
The U.S. Department of Transportation’s National Highway Traffic Safety Administration (“NHTSA”) has released a new study that underscores…
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The U.S. Department of Transportation’s National Highway Traffic Safety Administration (“NHTSA”) has 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 is a heavy burden for Americans at $871 billion in economic loss and societal harm annually. This includes $277 billion in economic costs – nearly $900 for each person living in the United States based on calendar year 2010 data – and $594 billion in harm from the loss of life and the pain and decreased quality of life due to injuries.
“No amount of money can replace the life of a loved one, or stem the suffering associated with motor vehicle crashes,” said U.S. Transportation Secretary Anthony Foxx. “While the economic and societal costs of crashes are staggering,” Secretary Foxx added, the 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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Woman Caught STD in Car, Auto Insurance to Pay Out $5.2 Million
The Missouri woman sued Geico claiming that she contracted a sexually transmitted disease from the car owner after the two had sex inside a car covered by the insurer.
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