According to statistics, 45% of deaths of youngsters, aged between 17 and 25 are due to road accidents. In Australia, a sum of 27 billion dollars is spent to take care of the accidents for a year. In 2014, records showed an estimated total of 17.6 million cars registered and it was found out that an average of 15,000 kms were driven by an Australian per year.
Avoiding the harm
Road accidents are something very easy to prevent. Driving safe is the best and easiest thing to do. Whilst it is stress-free to just say it, it may not be easy to do when one is actually in the road. Some get agitated when another person seems to be trying to overtake or go a bit faster; some might take advantage of the smooth highways and decide to test out the abilities of the cars by going very, very fast. The main reasons for road accidents include drunk or distracted driving, speeding, reckless driving and natural reasons such as rain, snow or hail. People also violate law in running red lights or stop signs. There are teenage drivers who are not fully aware of insurance law and do not carry any.
The cost of crashes in the road
It is not only the value of your car that goes down when it is crashed. Apart from your vehicle, possibly another vehicle that crashed in to yours, people who got hurt, any physical properties that were harmed, ambulance cost, hospital costs, police to arrive and investigate, cost of the lives lost and hurt and so much more are there. Even though you might think it is just another accident, the ripple effect it has, on the immediate neighbours and then to the whole society, cannot be ignored. According to reports, the average price paid for a fatality is 7.8 million dollars. Property damages have increased by 36.5% when considering a decades’ worth of data. The sum of the social cost in 2016 was calculated at 33.16 Billion dollars. Not surprisingly it is equal to 2% of the country’s GDP.
Why avoid it?
Apart from the obvious reason of saving lives and reducing injury, why people must be more careful in the road is now clear. On top of the money spent on insurance claim lawyers the state administration or the central government spends a huge amount correcting the harm done, to reverse the damage. This is not calculating the time and opportunity cost of others who are entangled in an incident of this nature. Some things cannot be prevented. But if you are careful enough in the road, not only a life, but also a large amount of money can be saved for everyone.