En Español
The amount of money a car accident costs depends on several factors, including the severity of the injuries and property damage involved. There are also costs beyond the more obvious ones for medical treatment and property damage. When accidents occur, and particularly when people are injured or killed, it creates costs like lost workplace productivity, lost household services, legal expenses, and other costs.
If you have been hurt in a car accident, turn to the Law Offices of Micahel J. Gopin, PLLC. Our El Paso accident attorneys have over 50+ years in experience fighting for the rights of car accident victims. We want to help you pursue the compensation you need for your injuries and losses. Call us today for your free initial case review.
According to a study by the National Highway Traffic Safety Administration (NHTSA), roadway incidents cost Americans $340 billion in one recent year. That’s equivalent to $4,140 for a family of four. However, the number doesn’t account for other costs related to car crashes, such as diminished quality of life and similar losses. Including these factors increases the annual cost to $1.4 trillion.
The NHTSA released a report of all factors considered in the study and the costs to Americans each year. They include:
The report also shows the number of traffic-related deaths was lower than the analysis from a decade earlier, a trend that has recently reversed course and reached record highs, according to the NHTSA. Still, the 36,500 fatalities included in the report accounted for $1.6 million in economic costs for each person.
Unfortunately, car accidents cause other consequences besides financial strain. Medical bills can be expensive, but an insurance claim can lead to a settlement covering those costs. However, compensating someone for their physical and emotional suffering is challenging.
Diminished or lost quality of life, physical pain and suffering, emotional distress, and other non-economic losses can significantly affect someone after a car crash. Dealing with chronic pain, post-traumatic stress disorder (PTSD), and other physical or psychological issues can have long-term consequences. An experienced car accident lawyer can also help fight for fair compensation that covers these non-financial losses.
In 2023, according to KTSM, El Paso presented a nuanced picture of road safety, with a decrease in overall car crashes to 22,058 from 23,690 in 2022, yet facing a grim outlook with 80 fatalities already reported, nearing the previous year’s total of 82. This contrast highlights the persistent danger on the roads and underscores the economic and emotional toll of vehicle accidents on local communities.
The El Paso experience serves as a microcosm of the national landscape, illustrating the critical need for adherence to safe driving practices and the crucial role of legal advocacy in supporting accident victims. This local data adds depth to the broader discussion on the impact of vehicle crashes, emphasizing both the human and financial costs involved.
Car accidents are costly in terms of money and the damage they do to people’s lives. Many accidents are preventable, but other drivers may act carelessly and wreck into you. If you have been hurt in a collision, a car crash attorney from the Law Offices of Michael J. Gopin, PLLC can help pursue the car accident compensation you deserve.
Call or contact us online for a free consultation with an experienced car accident lawyer in El Paso if you sustained injuries in a car crash due to someone else’s negligence.
Michael J. Gopin has practiced law in El Paso since 1987. Even after more than 30 years, he still remembers his first jury case. It was two weeks after receiving his license, when he represented a person whose life had been forever changed after being blinded in a work-related incident...
We are experienced El Paso personal injury lawyers. Give us a call and you’ll be taken care of! (915) 333-3333
En Español