How Much a Car Accident Costs: a 2023 Analysis

NEWPORT BEACH, Calif. - March 13, 2023 - PRLog -- Motor vehicle crashes cost American society $340 billion in 2019, according to the National Highway Traffic Safety Administration. [1] In just one year, an estimated 36,500 people were killed, 4.5 million were injured and 23 million vehicles were damaged. This means $1,035 in indirect losses for every single one of 328 million Americans. [2]

Traffic crashes cost taxpayers $30 billion in 2019, the equivalent of $230 in added taxes for every household in the United States. These losses include medical costs, legal costs, court costs, emergency service costs, insurance administration costs, property damage and more. See what the leading causes of accidents are and how much it'll cost you if you're involved in one.

Type of DamageCost

Seat belt repair and replacement (per seat belt)   $200-$600

Air bag replacement per bag   $1,000-$,6000

Windshield replacement   $300-$6,000

Windshield crack repair   $200-$600

Bumper repair or replacement   $500-$2,000

Frame damage repair   $600-$10.000

Suspension damage repair   $1,000-$6000

Engine replacement   $3,000-$8,000

Scratch repair (https://smartfinancial.com/car-scratch-repair-cost)   $50-$2,500

Window replacement   $300-$2,500

Prices [4] depend on:

• Car model and make (expensive cars are usually more expensive to fix)
• The severity of the damage
• The repair shop
• Parts availability and cost

For more cost related details, read the full article: https://smartfinancial.com/car-accident-cost