Most Expensive Car Crash in History

Did you know the most expensive car crash in history caused over $4 million in claims? Claims are costly, but you can find affordable rates by comparing many quotes today.

Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: May 26, 2021

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Everyone has seen or been part of a car accident. However, not many people could say that and then add “it was the most expensive car crash ever!”? One of the most expensive car crashes occurred on the Chugoko Expressway in Japan on Monday, December 5th. Reports state that there were only very minor injuries, and no fatalities or serious injuries occurred.

Eight Ferraris, three Mercedes, one Lamborghini, and a couple other cars were involved in this costly accident Monday morning. Early reports have the accident costing around $4 million+ in supercars and putting it up there as the most costly accident in Japan!

With this repertoire of cars, speeding is considered to be the main cause of the accident.

Fortunately, no one was seriously injured, and the only loss were some very expensive cars!

Since car insurance claims are probably going to be astronomical. We recommend people compare car insurance quotes by entering their ZIP into our FREE comparison search above!

Accident Details

Reports believe the supercars were driving in a group on their way to a supercar gathering near Hiroshima. “A group of cars was doing 140-160km/h (85-100mph),” an unidentified eyewitness told Japanese broadcaster TBS.

Wet roads and fast cars are not a good mix. We can only image what happens when a supercar begins to hydroplane. Just take a look at this normal car hydroplaning, and you will get a little taste of what this expensive car crash was probably like.

Luckily, no one was seriously injured. It looks like the same couldn’t be said about the Ferraris. With many reports stating that many of the Ferraris will be scrapped.

Many reports estimate the total supercar carnage costing around $4 million in losses. A $4 million car crash? That is not the way you want to start off your week. Needless to say, we are pretty sure this affected many drivers on the Chugoko Expressway with reports saying the road was closed for 6 hours to clean up.

Does something look familiar? Yes, both cars are Ferraris, but they are also red! We do not want to assume anything, but most people have heard of the car color and accident statistics myth. The Japan crash might give some evidence to red cars having a higher accident rate.

Pictures Worth a Thousand Words (or $4 million to be exact)

Here are some more picture of one of the most expensive car crashes in Japan history. Take a look at $4 million spread across a highway.

6 hours to clean up $4 million dollars is not too bad for a clean up crew. The clean up crew should definitely put “Cleaned up $4 million mess” on their next resume posting.

It looks like someone is rubbernecking. If there was a $4 million supercar accident next to you, wouldn’t you be subject to a little rubbernecking? Fortunately, it looks like he is riding and not driving so there wouldn’t be another accident caused from the first accident.

There has already been enough rubbernecking accidents so no one wants to be part of another.

Police and car insurance agents clean up the Ferrari graveyard. We will be on the lookout for the official car insurance claims from this wreckage.

Next time you and your friends decide to take your exotic cars (or Prius hybrids) out for a spin, try to be extra careful. It’s easy to get distracted and overconfident when driving in a group, and that is when things start to get dangerous.

While you may not have to worry about breaking the record for the world’s most expensive car accident, you should still keep driving safely a top priority at all times.

Simply enter your ZIP code into the FREE tool below now to compare car insurance rates!

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