Texas Ranks Among Top 10 States For Financial Burden Of Car Crashes

DALLAS, Texas (TXAN 24) — Texas ranks seventh among the 10 states with the highest overall financial burden from car crashes, according to a November 2026 study examining accident-related economic losses and costs relative to drivers’ earnings.

The study, conducted by Frankl Kominsky Injury Lawyers, estimates Texas has $1,510.44 in crash-related economic costs per licensed driver. The state received an overall crash cost index score of 74.5 on a 100-point scale.

Georgia ranked first with an index score of 100, followed by Rhode Island. Louisiana, New York and New Jersey also ranked ahead of Texas.

Florida ranked eighth, with estimated costs of $1,176.32 per licensed driver.

Researchers said the analysis drew on data from the National Highway Traffic Safety Administration, National Association of Insurance Commissioners, Agency for Healthcare Research and Quality and U.S. Bureau of Labor Statistics.

The findings highlight the economic impact of crashes beyond vehicle damage, including medical expenses, insurance-related costs and other losses.

The figures represent estimated statewide costs divided across licensed drivers. They do not mean every Texas driver personally incurs that amount each year.