Costs of Road Traffic Collisions
Department of Transport statistics show that in 2003 the benefit to the country as a whole in preventing one fatal road collision as being approximately £1 500 000 !
A collision can involve costs to:-
The individuals involved
Various public institutions
The government
The individuals employer
The individuals family
Costs of a collision could include:-
Damage to Vehicles
Damage to property
Police costs
Court costs
Ambulance costs
Hospital costs
Social security payments
Legal expenses
Insurance excess
Increased insurance costs
Temporary Staff costs
Recruitment costs
Training costs for new staff
Loss of business productivity
Lost man hours dealing with admin
Loss of income
