This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Black Friday Infographic (Photo: Business Wire)

Stocks in this article: PGR

With droves of deal-seeking shoppers flocking to stores the day after Thanksgiving, Black Friday can lead to crowded parking lots. According to claims data from Progressive Insurance, those full lots yield an increase in accidents that occur in parking situations. Claims range from fender benders to break-ins, and the numbers show a spike in driving mishaps on the popular shopping holiday:

Black Friday Infographic (Photo: Business Wire)

Black Friday Infographic (Photo: Business Wire)

  • Parking-related claims increased 36.5% when compared to Fridays two weeks before and after Black Friday
    • The increase in Black Friday parking claims doubled from 2010 to 2011
  • Nearly 25% of Black Friday accident claims occurred in parking situations
  • Additional Black Friday claims included:
    • Rear-ending someone or getting rear-ended, accounting for 12.57% of claims
    • Hitting a parked car or having your parked car struck, totaling 11.13% of claims
    • Backing into another car or having your car backed into, accounting for 7.68% of claims

“Protecting your car can be as easy as parking it a little further back in the parking lot, away from the commotion of the store,” said Maria Cashy, the claims customer service process leader at Progressive. “That extra one-hundred feet could save your car some serious damage. Of course if it’s dark outside, park wherever you feel safest, like a well-lit area.”

Cashy also suggested being extra vigilant as you drive around the crowded lots, using your eyes, ears and mirrors. If you have passengers in the car with you, ask them to help provide a view from an additional vantage point. Finally, drive slowly. This way, it’s easier to avoid cars that are speeding, cutting across the lot or pulling out of parking spaces.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,242.65 +51.28 0.30%
S&P 500 1,997.63 -4.53 -0.23%
NASDAQ 4,622.9650 -15.0290 -0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs