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Law Offices of Kenneth G. Egan
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The Actual Costs Associated with Traffic Accidents and Personal Injury In New Mexico

Our personal injury attorney in Las Cruces, New Mexico understands that “real costs” of an accident includes intangible items that are all-too-easy to take for granted. Our clients’ happiness and ability to enjoy their family, their work, and their livelihoods are something an accountant cannot file a report to cover.

Our aggressive approach to pursuing those who caused our clients injuries is second to none, and we pride ourselves in producing solutions that fit each of our client’s unique needs. Our Las Cruces, New Mexico personal injury lawyer incorporates costs associated with the full liability imposed by negligent drivers, including the physical, emotional, and psychological conditions an accident has unexpectedly caused.

The full costs associated with traffic accidents can include injuries and fatalities resulting from:

No matter how you or your loved ones were injured, we can help you get to the bottom of who is responsible, and begin a claim to pursue the best financial resources available to deliver the care you need.

But first, the facts…

The Economic Costs of Traffic Accidents Throughout The Nation

Simply put, accidents cost money. According to the National Highway Traffic Safety Administration, nationwide the overall annual costs traffic accidents account for is:

  • Nearly one trillion dollars in economic expenditures

Payment percentages of these extraordinary expenses are calculated into categories of payors, including:

  • Private insurers: 50%
  • Individuals: 26%
  • Third parties, including health care providers and charities: 15%
  • Federal revenues: 6%
  • State and local municipalities: 3%

NHTSA reports a national breakdown of the crashes, injuries, fatalities, and the actual costs associated with each in a single year, including:

  • Over six million police-reported traffic crashes
  • 2.31 million injuries, averaging 6,329 injuries per day; one every 14 seconds
  • More than four million property damage claims
  • 35,092 deaths, a 7.2% uptick in fatalities from the previous year
  • 4,067 crash deaths involving large trucks, the highest since 2008
  • $3,231 average auto property damage liability claim
  • $15,443 average bodily injury liability claim

The State of New Mexico’s Role in Traffic Accidents 

The National Highway Traffic Safety Administration, New Mexico statistics provide a glimpse at our state’s role in the staggering nationwide statistics, including:

  • Total traffic accident deaths in New Mexico last year: 379
  • Alcohol-impaired driving fatalities: 120
  • Motorcycle fatalities:  53
  • Pedestrian fatalities:74
  • Bicycle accident fatalities: 2

What are the Main Causes of Traffic Accidents in the United States?

The US Department of Transportation’s Crash Causation Study lists the main causes of traffic accidents as:

  • Distracted driving
  • Speeding
  • Driving drunk or impaired
  • Reckless driving
  • Failure to follow signage, including running red lights or stop signs
  • Improper turns
  • Wrong-way driving
  • Drowsy driving, or falling asleep at the wheel
  • Road Rage

The Centers for Disease Control lists all accidents, and those with unintentional injuries including traffic accidents, as the fourth current leading cause of death in the United States.

The World Health Organization describes road traffic crashes as becoming a leading cause of death around the world by 2030 if sustained action isn’t taken to prevent these deadly crashes.

The Emotional and Psychological Costs of Traffic Accidents

There is more to Lac Cruces, New Mexico traffic accidents than the economic impact, including the emotional and psychological side-effects that are suffered from the trauma of the accident, and the toll the injuries take on your overall happiness.

According to the American Academy of Family Physicians, post-accident injuries can include:

  • Anxiety
  • Post-traumatic stress disorder
  • Depression
  • Trouble sleeping
  • Headaches
  • Gastrointestinal problems
  • Diminished quality of life

Our accident attorney evaluates each case on its own merit. Our Las Cruces personal injury attorney is keenly aware that your physical health is only part of your accident recuperation process. Your emotional healing is equally important to your sustained recovery. We can help guide you down the full road to recovery with a single phone call to our office to schedule a free consultation today.

Contact our Personal Injury Attorney in Las Cruces, New Mexico Today for Help

Have you been injured in an accident? Now is the time to talk to our car accident attorney who can help with your overall financial recovery, not just your physical ailments. Contact the experienced lawyer at (575) 222-8026 to schedule a free consultation, and understand the overall impact your accident has had on you and your family.

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