Black Friday Infographic (Photo: Business Wire)
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:
-
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.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
TheStreet Quant Ratings
TRY IT FREENew! $49.95/yr
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
- Upgrade/downgrade alerts
Stocks Under $10
TRY IT FREEDavid 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
- Weekly roundups
Dividend Stock Advisor
TRY IT FREEJim Cramer's protege, 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
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
