Valuation of home accidents: A comparative review of home and road accidents

Valuation of accidents are required to that the costs of accident reducing inititives can be compared with their benefits in monetary terms. The methodology and data used for estimating the cost of road accidents and casualties has recently been revised and all components of road accident costs have been updated. This report summarieses the methods used for costing road accidents and assesses the applicablility of using such methods in the estimation of home accident costs. the report presents basic estimates of home accident casualty costs based on the values derived for road accidents and currently available home accident information.