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Parking lot accidents are often simple fender benders, but they happen fairly frequently. Many drivers are confused when it comes to an accident in a parking lot and how the insurance company will handle it; this confusion is often due to the fact that a parking lot is private property and is viewed as having a unique set of right-of-way guidelines.

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Parking lot accidents are often simple fender benders, but they happen fairly frequently. Many drivers are confused when it comes to an accident in a parking lot and how the insurance company will.

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Nice computation. I recently did the same when confronted with buying an automatic park assistant for my car (which in the end costs me less than 30ct per automatic parking, so I went for it…)

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This is always a tricky question and varies based on the customer themselves. When our clients ask whether they should carry full coverage auto insurance or liability only, we always respond back with the question “how much do you feel your car is worth?”

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