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OCLC Number:663904207
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Edition:Final report; Dec. 2006.
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NTL Classification:NTL-FREIGHT-Trucking Industry;NTL-SAFETY AND SECURITY-Accidents;
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Abstract:This study provides the latest estimates of unit costs for highway crashes involving medium/heavy trucks 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 $91,112 (in 2005 dollars). These costs represent the present value, computed at a 4 percent discount rate, of all costs over the victims’ 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.
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