us motorcycle accident financial costs

Motorcycle Accidents Cost U.S. Riders Billions

By Timothy Bussey on December 13, 2012

Tens of thousands of motorcyclists across the U.S. are injured or killed in crashes each year, imposing a high personal and financial cost on bikers and their families. Many experienced motorcycle accident attorneys in Colorado and other states are dedicated to helping families deal with many of these costs, which topped $16 billion in 2010.

The number comes from a report by the Government Accountability Office (GAO), which bases its estimate on data gathered from the National Highway Traffic Safety Administration (NHTSA), state traffic safety officials, and non-profit organizations that focus on highway safety. The estimate includes all the financial losses caused by motorcycle crashes each year, such as medical bills, lost wages, repairs, and other costs.