Revised costs of large truck- and bus-involved crashes : final report for Federal Motor Carrier Safety Administration, Federal Highway Administration.

Author(s)
Zaloshnja, E. & Miller, T.
Year
Abstract

This study provides the latest estimates of the costs of highway crashes involving large trucks and buses by severity. Based on the latest data available, the estimated cost of police-reported crashes involving trucks with a gross weight rating of more than 10,000 pounds averaged $59,153 (in 2000 dollars). The average cost of police-reported crashes involving transit or inter-city buses was $32,548 per crash. These costs represent the present value, computed at a 4% discount rate, of all costs over the victim’s expected life span that result from a crash. They include medically related costs, emergency services costs, property damage costs, lost productivity, and the monetized value of the pain, suffering, and quality of life that the family loses because of a death or injury. (Author/publisher)

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Publication

Library number
C 37182 [electronic version only]
Source

Calverton, MD, Pacific Institute for Research and Evaluation / Washington, DC, U.S. Department of Transportation DOT, Federal Motor Carrier Safety Administration FMCSA, 2002, 34 p., 46 ref.

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This publication is one of our other publications, and part of our extensive collection of road safety literature, that also includes the SWOV publications.