Monday, November 7, 2011

Report: Costs Associated With Traffic Crashes Are More than Three Times Greater than Congestion Costs

AAA Study Finds Costs Associated With Traffic Crashes Are More than Three Times Greater than Congestion Costs


 
Traffic crashes cost U.S. motorists almost $300 billion per year
WASHINGTON, Nov. 3, 2011 /PRNewswire-USNewswire/ -- The annual societal cost of traffic crashes is $299.5 billion, more than three times the $97.7 billion cost of congestion, according to a report released today by AAA.  
AAA's "Crashes vs. Congestion – What's the Cost to Society?" report highlights the overwhelming and far-reaching economic impacts traffic safety crashes have on our nation and encourages policymakers at all levels of government to ensure safety is a top priority.  
"The burdens associated with congestion are top of mind for many Americans as they travel to and from work each day," said AAA President and CEO Robert L. Darbelnet. "However, at $300 billion annually, crashes cost our society more than three times the amount of congestion. This report further underscores the importance of a long-term, multi-year federal transportation bill that will provide the necessary and sustained investments that lead to better and safer roads for all Americans."
According to the study conducted for AAA by Cambridge Systematics, the overall cost of crashes ($299.5 billion) equates to an annual per person cost of $1,522, compared to $590 per person annually for congestion ($97.7 billion overall). The cost of crashes are based on the Federal Highway Administration's comprehensive costs for traffic fatalities and injuries that assign a dollar value to a variety of components, including medical and emergency services, lost earnings and household production, property damage, and lost quality of life, among other things.
The report calculates the costs of crashes for the same metropolitan areas covered by the annual Urban Mobility Reportconducted by the Texas Transportation Institute. The results showed crash costs exceeded congestion in every metropolitan area studied, from very large to small. For very large urban areas (populations of more than three million), crash costs are nearly double those of congestion. Those costs rise to nearly six times congestion costs in small urban areas (populations less than 500,000) where motorists face less congested conditions.
"Almost 33,000 people – 635 per week – die on U.S. roadways each year and that's unacceptable," said Darbelnet. "While the decline in traffic fatalities in recent years signifies a positive trend, our work is far from over. Continued progress will require active and focused leadership, improved communication and collaboration, and an investment in data collection and evaluation to make sure we're addressing the nation's most serious safety challenges."
As North America's largest motoring and leisure travel organization, AAA provides more than 52 million members with travel, insurance, financial and automotive-related services. Since its founding in 1902, the not-for-profit, fully tax-paying AAA has been a leader and advocate for the safety and security of all travelers. AAA clubs can be visited on the Internet at AAA.com.
AAA news releases, high resolution images, broadcast-quality video, fact sheets and podcasts are available on the AAA NewsRoom at AAA.com/news.
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