Comment 103927

By kevlahan (registered) | Posted August 13, 2014 at 13:56:25 in reply to Comment 103925

I think Ryan was not referring to the cost of insurance claims, but to the total estimated social cost. For example, see this Transport Canada study from 2007:

Across all collision severities the average social cost of a collision in Ontario in 2004 was $77 thousand. By major consequence of collision the average full (including all allocated) social cost was:

• Fatality — $13.6 million.

• Major injury — $280 thousand

• Minor injury —$48 thousand.

• Minimal injury — $18 thousand.

and overall

Motor vehicle collisions generated $18 billion in social costs in Ontario in 2004. Fatalities in those collisions were the largest single contributor to social costs at $11 billion.

Comment edited by kevlahan on 2014-08-13 14:02:21

Permalink | Context

Events Calendar

There are no upcoming events right now.
Why not post one?

Recent Articles

Article Archives

Blog Archives

Site Tools