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Crashes cost more than getting stuck in trafficPosted On Tue, November 8, 2011
A recent report from AAA Chicago noted that traffic crashes cost significantly more to consumers than getting stuck during a commute.
The cost of traffic accidents is nearly $300 billion annually, while congestion is less than $98 billion, the "Crashes vs. Congestion - What's the Cost to Society?" report noted. When divided up, accidents cost more than $1,500 per person, while it is less than $600 for traffic congestion.
"The burdens associated with congestion are top of mind for many Americans as they travel to and from work each day," said Brad Roeber, AAA Chicago president. "However, at $300 billion annually, crashes cost our society more than three times the amount of congestion."
Consumers who regularly drive in heavy traffic may want to make sure their auto insurance policy is sufficient. If not, or they think they should be spending less, it could be a good idea to compare auto insurance quotes. Safe drivers may be eligible for lower auto insurance rates, as well, which could be a huge perk.
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