Cost of a motor vehicle fatality in Georgia soars above $6 million
The number of fatal motor vehicle accidents in Georgia has decreased steadily in recent years. But while the number of fatalities has declined, the financial impact of a fatal auto accident has skyrocketed in both states and nationwide. In 2009, the cost of a single motor vehicle fatality exceeded $6 million nationwide, according to federal accident data analyzed by AAA. That figure is 85 percent – or $2.76 million – higher compared to 2005, when the estimated cost of a single motor vehicle fatality was $3.24 million across the country.
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The number of people who died in motor vehicle accidents in Georgia has declined in recent years. In 2005, a total of 1,729 people died in auto accidents statewide. In contrast, 1,284 people died in car crashes in Georgia in 2009, according to the most recent statistics.
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