More time spent in traffic increases the likelihood of being involved in a crash. Around 100 Americans are killed in car traffic each day, leaving families with devastating losses. Beyond personal tragedy, motor vehicle deaths, injuries, and property damage create major economic costs. The National Safety Council estimates total costs near $500 billion per year. Employers also face substantial expenses from on- and off-the-job crash injuries, including insurance, medical spending, sick leave, and life and disability insurance. The US Department of Transportation estimates the value of a statistical life at roughly $10 million, implying that preventing fatalities can yield significant economic benefits.
"The more time people spend in traffic, the more likely they are to be involved in a crash. Every day, around 100 Americans are killed in car traffic. That's 100 families who receive the devastating news that their loved one will never return home."
"According to the National Safety Council, the total cost of motor vehicle deaths, injuries, and property damage is closing in on $500 billion per year. The Network of Employers for Traffic Safety found that motor vehicle crash injuries on- and off-the-job cost employers $72.2 billion in 2018 (their most recent study year)."
"Including insurance expenses, employer health care (medical) spending for motor vehicle crashes totaled $19 billion in 2018. Another $17 billion was spent on sick leave and life and disability insurance for crash victims. Protecting employees from motor vehicle crash injuries can be a valuable investment of time and resources."
"The US Department of Transportation (USDOT) says the value of a statistical life is roughly $10 million, although they suggest using a range that includes high and low values. That means that every traffic fatality prevented through a traffic calm"
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