§ Mr. NichollsTo 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. NorrisThe 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.