Parking Lot Risk Management Advice

When parking lots begin to deteriorate, it can lead to very unsafe conditions that may cause injuries or accidents. Cracks, crumbling pavement, unleveled surfaces, and more are all possible hazards found in a parking lot. Commercial property managers are responsible for maintaining a safe, hazard-free premises. If they fail to do so, they can face penalties from the insurance provider, or worse, tort lawsuits.

Continue reading to learn more about the importance of parking lot maintenance and risk management.

Parking Lot Repair 317-549-1833

Parking Lot Repair 317-549-1833

Insurance Renewals

On an annual basis, insurance providers will come out to a premises and do an on-site inspection to ensure the parking lot is free of hazards. If the parking lot is not in an acceptable condition, they may not renew the policy until all repairs are made. The best method for staying current with your parking lot maintenance needs is to establish a long-term pavement maintenance strategy. Keep track of all damages that continue to progress, and then make the necessary repairs as time goes on to keep up with them. This will avoid having to do a complete overhaul just to keep your insurance coverage.

Slip, Trip and Fall Injuries

Another possible penalty for neglecting parking lot maintenance and repair is being sued. Guests, visitors, drivers, and even employees can fall victim to a parking lot hazard, such as uneven surfaces, cracks, potholes, indistinguishable markings, and more. Pedestrian accidents, car accidents, and slip and fall accidents are some of the most common outcomes of such pavement hazards. If you fail to resolve unsafe pavement conditions in your lot, you could face personal injury lawsuits.

Prevent Risks With a Parking Lot Maintenance Plan

The best way to proactively limit pavement risks and subsequent penalties, be sure your pavement is in good condition. Not only will this prevent being penalized, it will also save you time and money. DO not feel overwhelmed with the responsibility of keeping up with every single defect and repair. Instead, work with a trusted Indianapolis paving company to develop a long-term pavement management plan (PMP) so that you do not have to address small repairs every time they present themselves.

Indianapolis Asphalt and Concrete Paving Contractors

ACI Asphalt Concrete Inc. 317-549-1833

ACI Asphalt Concrete Inc. 317-549-1833

Call ACI Asphalt and Concrete Inc. at 317-549-1833 for commercial paving services in Indianapolis, Indiana. Our licensed and qualified paving contractors provide several Indianapolis asphalt and concrete paving services, including pavement repair, sealcoating, road work, commercial paving, industrial paving, and more. Request a free estimate, today!

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