What classifies an accident as a major accident?

A major accident is typically classified by the extent of damage incurred or the severity of injuries sustained. In this context, an accident resulting in $25,000 or more in damage clearly indicates a significant financial impact, which is one of the primary thresholds used in various safety and regulatory frameworks to determine the severity of accidents. This classification reflects the potential for serious consequences, not only in terms of property loss but also in indicating that the event likely involved more complex dynamics, potentially affecting multiple people, vehicles, or property.

In contrast, thresholds like property damage under $10,000 or minor vehicle damage do not convey the same level of seriousness and generally relate to more routine incidents. Similarly, while injury to individuals involved is a serious concern and merits attention, not all injuries classify the accident as "major," particularly if the associated damages do not meet the established threshold. The distinction lies in the level of damage, which is a critical factor for assessing the implications of the incident on reporting, response, and regulatory standards.