§ Mr. Bob RussellTo ask the Secretary of State for the Environment, Transport and the Regions what financial criteria are used by his Department in determining the cost of a road accident for a(a) fatality, (b) serious injury and (c) slight injury; and in each case what is the current figure. [24485]
§ Ms Glenda Jackson[holding answer 21 January 1998]: The values attributed to the avoidance of deaths and injuries in road accidents in 1996 were (a) fatal £983,710; and (b) serious accident £118,030; (c) slight accident £11,590. These values take account of medical costs, lost production, the cost of police and courts, insurance administration, property damage, and human costs based on the widely accepted concept of "willingness to pay".