Experts estimate we lose out on £1bn every year because of car crashes
21 December 2006

Car crashes, from minor car park bumps to major RTAs, cost the UK almost £1bn every year in lost working hours. According to research carried out by 'accident management solution' company Accident Exchange, more than 10,000 shunts are recorded each day. And those motorists involved then spend an average of three-and-a-half days trying to get themselves back on the road. That’s a total of 98m hours, the equivalent of 12.4m working days. With experts estimating that an absent or non-industrious employee costs business £75 a day, the overall financial implication of Britain’s shunts is £926m. ‘Until you have been involved in an accident, it’s hard to appreciate just how much time and hassle is involved in dealing with the fallout,’ said Steve Evans, chief exec of Accident Exchange. ‘It can turn into a saga so easily.’

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11 June 2013

Car crashes are happening in increased numbers and it costs both to life and money. When an employee get involved in an accident then it also cause loss at his/ her workplace and the employer is affected. Even workplace accidents are more dangerous as the employer have to pay for all the losses. The only thing we can do is to reduce accidents by following traffic rules and safety measures.

Richmond personal injury attorney

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