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The Cost of Bicycle Accidents and Why Bike Safety Pays Off

Posted by Alessandro G. Assanti | Feb 01, 2023 | 0 Comments

Bike accident cost breakdown

Fatal and non-fatal alike, cycling accidents cost the US billions each year. In addition to the injuries and fatalities which occur as a result of road accidents, there are personal costs to account for as well:

  • Medical bills
  • Recovery/rehabilitation costs
  • Loss of wages due to missing work
  • Possible changes to earning potential
  • Possible funeral and burial expenses

In terms of costs, the individual cost of a serious adult bicycle accident has grown from $52,495—medical bills, missed work, loss of quality of life—to $77,308. Today, the number would be even higher.

Of course, that's not to mention the emotional burden of a cycling accident—especially if a cycling accident results in a long-term injury or the loss of a loved one.

Read more...https://www.natlawreview.com/article/cost-bicycle-accidents-why-bike-safety-pays

About the Author

Alessandro G. Assanti

Managing Attorney and Trial Counsel

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