How CEI Estimates Average Accident Costs for A Fleet
Accident Type | Percent of All Crashes* | Avg Employer Cost for Crash** | Weighted Employer Cost |
Property damage crashes | 71.14% | $5,483 | $3,900 |
Injury crashes | 28.360% | $75,176 | $21,320 |
Fatality crashes | 0.4921% | $751,382 | $3,697 |
| | | $28,918 |
* Source: NHTSA April 2021 Report, DOT Publication #813111: Traffic Safety Facts Research Note
** Source: Cost of Motor Vehicle Crashes to Employers – 2019, Network of Employers for Traffic Safety (NETS), Pub. March 2021