This study deals with the accidents of circular intersections in Korea. The goal is to develop the accident models for 94 circular intersections. In pursuing the above, this study gives particular attentions to collecting the data of geometric structure and accidents, and comparatively analyzing such the models as Poisson and NB regression and multiple regression model using SPSS 17.0 and LIMDEP 3.0. The main results are as follows. First, the negative binomial model among various models was analyzed to be the most appropriate. Second, 3 independent variables was adopted in the model, and these variables was analyzed to have a positive relation to the accident rate. Finally, the reduced width of circulatory roadway, removal of the parking lot within circulatory roadway and appropriate levels of approach lane were required to improve the safety of circular intersection.