As autonomous driving systems increasingly become part of daily transportation, the ability to accurately anticipate and mitigate potential traffic accidents is paramount. Traditional accident anticipation models primarily utilizing dashcam videos are adept at predicting when an accident may occur but fall short in localizing the incident and identifying involved entities. Addressing this gap, this study introduces a novel framework that integrates Large Language Models (LLMs) to enhance predictive capabilities across multiple dimensions-what, when, and where accidents might occur. We develop an innovative chain-based attention mechanism that dynamically adjusts to prioritize high-risk elements within complex driving scenes. This mechanism is complemented by a three-stage model that processes outputs from smaller models into detailed multimodal inputs for LLMs, thus enabling a more nuanced understanding of traffic dynamics. Empirical validation on the DAD, CCD, and A3D datasets demonstrates superior performance in Average Precision (AP) and Mean Time-To-Accident (mTTA), establishing new benchmarks for accident prediction technology. Our approach not only advances the technological framework for autonomous driving safety but also enhances human-AI interaction, making predictive insights generated by autonomous systems more intuitive and actionable.