Autoblog

Nobody would argue that the potential for lost-life is the worst thing about teen crashes, but the related monetary expenses are also rather staggering. AAA estimates that teen crashes ended up costing more than $34 billion annually in medical expenses, lost work, property damage, quality of life loss and other related costs in 2006 alone. According to AAA, fifteen to seventeen year-old drivers were involved in nearly a million crashes in 2006, injuring 406,427 people and killing 2,541. Each fatality carries an average cost of $3.841 million while injury accidents post an average of $50,512.

According to their research, AAA suggests that states should take up graduated driver licensing strategies, which they say are proven to reduce fatal crashes involving teen drivers by an average of 38 percent. Browse through the press release after the break for the whole set of sad statistics.

[Source: AAA]