The high cost occur in Money and Human lives.
Car crashes accounts for an average of 38,000 death in the US per year and the country have the highest number of car crashes in the world.
- Distracted driving, Over-speeding, Drunk Driving, Reckless Driving, Slippery road are the major cause of car crash across the globe
- The consequence of fatal car crash are often enormous for Insurance company and for the bereaved family.
- Insurance companies usually pay for damage or loss of life caused to other users as a result of accident used by insured vehicle.
In conclusion, the high costs that occur as a result of Car Crash is Money (Indemnity) and loss of Human lives.
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