New report details the cost of crashes in Colorado

The Network of Employers for Traffic Safety (NETS) has just released an updated report on the cost of motor vehicle crashes to employers. In 2018, crashes on and off the job cost U.S. employers an estimated $72.2 billion – an average of $751,382 for each fatality, $75,176 for each nonfatal injury, and $5,483 for each crash resulting in property damage only.

The new report breaks down the cost of crashes associated with unsafe driving behaviors: not wearing a seat belt, alcohol use, distracted driving, and speeding. It also provides cost estimates by state and by industry, an infographic with data from the report, and includes an updated cost-of-crashes calculator that was developed in cooperation with the National Highway Traffic Safety Administration (NHTSA). All these resources can help safety professionals calculate the costs of crashes in their own organizations and make the case for stronger company policies.

The full report and resources for safety professionals can be accessed free of charge here.