Texas Death, Injuries & Economic Loss: The True Cost of Driving

 

Death, Injuries & Economic Loss

 

How is Texas impacted economically? According to the NHTSA in 2000 (the most recent year for which data is available) Texas lost $19.8 billion dollars to our economy due to collisions. The economic cost to Texas, just due to speed related crashes was 3.5 billion. (see chart below)

Economic Impact Of Motor Vehicle Traffic Crashes, 2000

 

 

  Overall Cost Due to Speeding-Related
Crashes
Texas $19.8 Billion
$3.5 Billion
U.S.A. $231.0 Billion
$40.4 Billion

Automobile fatalities are the number one cause of on-the-job deaths. That ends up costing the average employer nearly $120,000 per employee death.