Finding big savings in driver-assisted safety tech

Driver-assisted safety systems reduce the likelihood of crashes. How much would society benefit if they were installed on all cars? More than $20 billion, according to research from CMU…

The average crash represents more than $160,000 in combined private and public costs, according to recent research by Samaras and colleagues…

The study, led by CEE Ph.D. graduate Corey Harper and published in the journal Accident Analysis and Prevention, lays out the costs and benefits of three driver-assist technologies: blind-spot monitoring (BSM), lane-departure warning (LDW), and forward collision warning (FCW). The researchers find that, if these warning systems were installed on all cars in the US, the resulting reduction in crashes would put a lot of money back in our collective pockets.
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