Parking--Public--Open Air

What Does GL Code 46604 Cover?

ISO GL class code 46604 covers businesses primarily engaged in operating public open-air parking lots, including attendant-operated or self-park facilities. This classification applies to operations where the primary service is providing parking spaces to the general public, often on a fee basis. It encompasses the general liability exposures associated with vehicle movement, pedestrian traffic, and premises maintenance within these outdoor parking areas.

Who Uses This Class Code?

This code is utilized by entities such as independent parking lot operators, property management companies overseeing public parking facilities, and businesses whose primary function is the provision of open-air parking for a fee. It also applies to municipalities or private landowners who operate public parking lots as a distinct business activity.

Common GL Claims for This Class

Common GL claims for public open-air parking lots include slip-and-fall incidents due to uneven pavement or spills, vehicle damage from potholes or inadequate lighting, and claims arising from theft or vandalism of vehicles parked on the premises.

Coverage Tips for Code 46604

• Implement a rigorous schedule for pavement repair, lighting checks, and debris removal to mitigate slip-and-fall hazards and vehicle damage claims.
• Ensure prominent and clear signage regarding parking rules, speed limits, and disclaimer of liability for theft or damage to vehicles, where legally permissible.
• Consider implementing security patrols, surveillance cameras, and adequate lighting to deter theft and vandalism, which can lead to costly liability claims.
• Verify that your policy includes coverage for 'care, custody, or control' if you offer valet services, as standard GL policies may exclude damage to vehicles in your possession.