Parking Lot Coverage

Insurance coverages for a parking garage.

Parking lot coverage. If you have collision coverage you may not be at fault but you should report the damage to your insurer. Covered parking for multifamily housing by statistics protection for tenant vehicles dramatically raises property value marketability and tenant retention. The most common parking lot light pattern is a t3. Don t be a distracted driver.

Covered parking structures for commercial and institutional complexes a high value feature that attracts and retains tenants and helps them. How to avoid a collision in a parking lot. Learn what coverage will protect your vehicle properly. A lot less can potentially happen to your vehicle while it s stored in your garage.

If you run a parking lot or a parking garage a lot of people are coming and going to and from your premises. That s short for type iii and is the defacto standard and has been for 40 years. 140 degrees wide and 90 degrees forward. Garage or a commercial lot with a security guard or valet is a lot different than parking your car in the grocery store parking lot or on the side of the road.

In densely populated areas shorter poles will ensure that glare does not become an issue but more light poles will be needed offer good coverage especially when compared to rural settings where taller and fewer poles can achieve the same uniformity. The area of the parking lot will typically determine the height of the light pole. National safety council nsc data shows that over 50 000 accidents happen in parking lots and parking garages every year. One of the most important components of your parking lot insurance package is garagekeepers liability coverage.

Here are a few tips to help avoid getting in an accident in a parking lot. Avoid using your mobile phone while driving at any time and that includes in parking lots. See how covered parking can increase retention rates and roi for apartment properties. Calculating building and lot coverage percentages definitions building coverage the percentage of the lot area that is covered by building area which includes the.

As a business that accepts a client s property cars for storage parking you assume a legal responsibility called bailment garagekeepers liability insurance addresses your bailment exposure. What is the coverage area of an led parking lot light. Garagekeepers liability coverage for parking garage owners. Impervious cover any structure surface or improvement that reduces and or prevents absorption of.

General liability insurance is an extremely important coverage for businesses to consider. See this light type chart for light type s. Parking lot accidents are fairly common. At 20ft high that is about 46feet wide and 28ft forward.

Total horizontal area when viewed in plan.