HC Deb 17 April 1996 vol 275 c509W
Mr. Nicholls

To ask the Secretary of State for Transport what estimate he has made of the cost to the economy of each(a) fatal accident, (b) serious accident and (c) slight accident. [25146]

Mr. Norris

The values attributed to the avoidance of deaths and injuries in road accidents in 1994 were(a) fatal accident £913,100; (b) serious accident £ 108,100; (c) slight accident £10,600. These values take account of medical costs, lost production, human costs based on willingness to pay, the costs of police and courts, insurance administration, and property damage.