From minor bumps at roundabouts to head on collisions – road accidents are at best a small inconvenience at worst at an insurance nightmare. However, it can happen to the best of us and it seems accidents are costing the UK more than £34 billion a year.
A recent report from the Department for Transport has shown figures suggesting that accidents have a major effect on UK business. Things like loss of output due to injury, medical costs and the human costs of casualties all add up every year.
The figures for damage-only accidents for 2012 have revealed the loss to the UK of more than £15 billion. However, this is only part of the story and if the figures for none reported accidents that involved injures the figures increases to more than £34 billion. And while the good news is that road deaths have fallen overall over the last few years the figures also reveal an alarming rise in drink-drive related incidents.
So can we expect more Government plans to reduce accidents? Probably. So it is worth driving safe out there and making sure we are adequately protected by insurance and breakdown cover so we don’t just become another statistic.