Seanad debates

Thursday, 27 November 2003

Road Traffic Bill 2003: Second and Subsequent Stages.

 

The Minister referred to the recent NRA road accident report which gives the facts for 2002. The report estimated that the total cost of road accidents in 2002 amounted to approximately €730 million. This is a staggering figure when one considers the amount of money currently being spent on transport and the money that could be saved by preventing road accidents. Road accidents do not just have a monetary impact on people. The difficulties caused for the families and communities involved are huge. The cost of a single death on the road is estimated at approximately €1.4 million, which is staggering. The cost associated with serious injury as a result of road accidents amounts to approximately €170,000 and for minor injuries approximately €16,000. Anything that can be done not just to save lives, but to save expenditure associated with accidents, will have a knock-on effect, together with the measures taken by the Tánaiste and Minister for Enterprise, Trade and Employment and committees of this House in trying to reduce the cost of insurance.

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