Parking lots are more dangerous than many people realize. According to the National Safety Council, about one in five accidents occurs in parking lots, totaling approximately 50,000 annually. But will your insurance cover the damages?

Parking Lots Are Private Property

There’s a common misconception that insurance doesn’t cover parking lot accidents in Pooler, GA because most parking lots are considered private property. However, this is not true. Most auto insurance policies extend coverage to private property, including accidents that happen in parking lots or driveways.

Type of Insurance Coverage

The type of insurance coverage you have and the nature of the accident determine whether your insurance will cover the damages.

Liability insurance, which is required in most states, covers damages to the other person’s vehicle if you are at fault. However, it won’t cover damage to your own car, such as in a hit-and-run incident in a parking lot.

Comprehensive coverage can help if your car is hit while parked, while collision coverage provides protection in the event of an accident. Many drivers work with insurance companies like TruePoint Insurance to obtain comprehensive coverage, ensuring they’re protected no matter what happens.

Determining Fault

Who is at fault in a parking lot accident determines whose insurance will cover the damages. If two moving vehicles are involved, the police can analyze local laws and determine fault. Don’t believe the myth that parking lot accidents are automatically split 50/50; this is not true.

Generally, if one car is parked, the moving vehicle is considered at fault. However, you’ll still need a copy of the police report for insurance purposes.

Insurance agents at TruePoint Insurance can help you better understand your policy and when you’re covered. Contact us today to learn more about the different levels of coverage available. We’re proud to serve the Pooler, GA area.