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New York Car Accidents Result in $1.33 Billion in Annual Economic Loss

When New York car accidents occur and people are injured as a result of them, the situations always give rise to economic loss in many forms.  As part of their duty to compile safety-related statistics, the United States Centers for Disease Control and Prevention has compiled an analysis of the overall economic loss due to car accidents across the United States and divided those losses by state.  Unfortunately but not surprisingly, New York ranks in the top 10 in terms of economic loss by states because of car accidents.

According to the report, New York car accidents led to an overall economic loss of $1.33 billion in 2005, the year that was used as a reference for this analysis.  That places New York in the top 10 of all states with regards to this dubious ranking, specifically at number seven.  California ranks at the top of the list with $4.16 billion in losses.  These losses are mostly due to lost income and productivity, but medical costs and other losses are also enormous portions of these totals.

New York Car Accident Statistics

Clearly, these huge economic losses are a drain on the state and national economy, and they are a direct result of the number of New York car accidents that occur on an annual basis.  Every year, more than 187,000 people are injured and more than 1,200 people are killed in these accidents, and that does not even include the 15,000 people injured and 300 killed in New York pedestrian accidents or the thousands injured in New York motorcycle and bicycle accidents.

New York Car Accident Lawyers

Fortunately, people who have incurred economic loss because of injuries sustained in a New York car accident have legal rights and options that would allow them to recapture these losses.  Specifically, those who have been harmed in a crash can file a New York personal injury lawsuit against the party or parties responsible for these damages.  If the case is successful, the plaintiff will recover those damages to compensate for medical costs, lost income and pain and suffering.

If you or someone you love has been harmed in a crash, you need to seek the help of New York car accident lawyers who have been fighting for the rights of the injured for 40 years.  Contact Fitzgerald & Fitzgerald today to schedule a free initial consultation. 


Written on Tuesday, 17 May 2011 17:43 by New York Injury Lawyer

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