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The Intelligence: General dynamics

Economist Podcasts

CHAPTER

The Hidden Costs of Car Crashes

This chapter explores the staggering $340 billion annual economic impact of car crashes in America, including the failings of the insurance system in providing adequate coverage for victims. It further examines the disparities in car insurance requirements between the U.S. and other wealthy nations, revealing how lower minimums can exacerbate the financial burdens on accident victims.

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