An Investigation into the Financial Costs Associated with Motor Vehicle Accidents among Public Transport Operators in Jamaica

Abstract

Introduction: This study delves into the far-reaching financial influence of motor vehicle accidents (MVAs) on public transport operators. It specifically focuses on the comprehensive evaluation and quantification of economic ramifications, including loss of income, medical expenditures, protracted claims settlements, expenses related to transportation and car repairs, and disruptions to daily commuting.

Objectives: This research investigates the financial influence of motor vehicle accidents (MVAs) on public transport operators. The primary focus is quantifying and analysing the economic implications, including but not limited to income loss, medical expenses, protracted claim settlements, transportation and vehicle repair costs, and disruptions to daily commuting. The study offers comprehensive insights into the costs of individuals impacted by MVAs in Jamaica. It aims to provide valuable input for policy recommendations and augment understanding of the broader socio-economic implications of such incidents.

Methods and Materials: This quantitative study uses a structured questionnaire to investigate the financial impacts of motor vehicle accidents (MVAs) on Jamaican public transport operators. Developed with 27 questions, the survey gathered primary data from 303 participants through snowball and convenience sampling. It includes closed-ended questions, employing a 5-point Likert scale for the final eight questions, and open-ended questions focusing on demographics, accident specifics, and financial consequences. Data collection was facilitated via Google Forms for accessibility, with analysis employing correlational techniques to explore relationships among variables such as income loss, medical costs, and other financial impacts of MVAs, shedding light on the economic burden Jamaican public transport operators faced.

Findings: The study reveals significant financial burdens Jamaican public transport operators bear following motor vehicle accidents (MVAs). On average, expenses include Jamaican dollars (JMD) 310,909.09 for motor vehicle repairs, JMD 135,727.27 for transportation and JMD 140,545.45 for medical fees. Additionally, JMD 129,818.18 is spent on counselling services, JMD 176,545.45 on additional insurance premiums, and JMD 164,909.09 on legal expenses. These findings highlight a total average expenditure of JMD 1,058,455 per incident, underscoring the substantial economic impact of MVAs on individuals in Jamaica across various financial categories.

Conclusion: In conclusion, motor vehicle accidents (MVAs) significantly burden Jamaican public transport operators, particularly with average vehicle repair costs of JMD 310,909.09. Recognising these economic impacts is crucial for shaping policies to reduce accident rates and mitigate financial losses. This requires a comprehensive strategy that includes public education on safe driving practices and accident costs alongside evidence-based guidelines to improve road safety, infrastructure, and emergency response systems. Enhancing the efficiency of emergency medical services is also vital for minimising accident-related injuries and fatalities. By integrating these measures, Jamaica can foster safer roads, reduce accidents, and enhance economic resilience against the financial impacts of MVAs.