An average of 96 people died each day in motor vehicle crashes. In 2016 there were 6,296,000 police-reported motor vehicle traffic crashes 37,461 people died and 2,443,000 people were injured. Overall, those not directly involved in crashes pay for nearly three-quarters of all crash costs, primarily through insurance premiums, taxes and travel delay ( National Highway Traffic Safety Administration). Federal revenues account for 6%, while state and local municipalities pick up about 3%. Individual crash victims pay about 26%, while third parties such as uninvolved motorists delayed in traffic, charities and health care providers pay about 14%. Private insurers pay approximately 50% of all motor vehicle crash costs. In 2013, the average collision claim was $3,144 the average comprehensive claim was $1,621 ( ISO, a Verisk Analytics company).In 2013, the average auto liability claim for property damage was $3,231 the average auto liability claim for bodily injury was $15,443 ( ISO, a Verisk Analytics company).Over the same period, measures such as the percentage of claimants who had no visible injuries at the accident scene or who had fewer than 10 days in which they were unable to perform their usual daily activities provided evidence of a continuing decline in the severity of injuries. Among bodily injury (BI) claimants, average claimed losses grew 4 percent. From 2007 to 2012, average claimed economic losses (which include expenses for medical care, lost wages and other out-of-pocket expenditures) grew 8 percent annualized among personal injury protection (PIP) claimants. New findings from the Insurance Research Council's (IRC) Auto Injury Insurance Claims Study shows that medical expenses reported by auto injury claimants continue to increase faster than the rate of inflation, in spite of the fact that the severity of the injuries themselves remain on a downward trend. In addition, roadway deaths of pedestrians and cyclists hit a two-decade high in 2015. Though the increase was widely expected after NHTSA last month revealed a preliminary estimate of a 7.7% increase, the official figure solidifies 2015's dubious distinction as the first year-over-year increase since 2012. ![]() soared 7.2% to 35,092 in 2015, marking the deadliest year on the road since 2008. ![]() NHTSA reports the number of people killed on the road in the U.S. The auto industry's steady improvements in vehicle safety over the last several decades - despite a litany of safety recalls - had driven down the number of roadway deaths to an all-time low of 32,675 in 2014. motor vehicle crashes in 2010 cost almost $1 trillion in loss of productivity and loss of life. According to the National Highway Traffic Safety Administration ( NHTSA), U.S. The highest price we pay for car crashes is in the loss of human lives, however society also bears the brunt of the many costs associated with motor vehicle accidents. What you pay for auto insurance is largely based on what kind of risk the company predicts you will be, based on known factors like your driving history, the kind of car you drive, your age and gender, your marital status and where you live. CO Insurance Consumer Satisfaction Poll.Wildfire Mitigation: Colorado Homeowners Survey.Factors Affecting Homeowners Insurance Cost.CO Auto Insurance Marketplace & Fact Sheet.Seat Belts, Air Bags & Child Passenger Safety.NM Personal Insurance Credit Information Act.How do I read my auto insurance policy?.
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