The Critical Value of Valet-Parking Insurance

The Critical Value of Valet-Parking Insurance

Once reserved for upscale establishments, valet parking of patrons’ vehicles is now as common as that famous chain with the yellow arches. No longer confined to fine-dining restaurants, exclusive clubs, or resorts and hotels, valet parking is now seen at businesses as diverse as car dealerships, airports, medical centers, and even grocery stores. Most of the time these venues subcontract their valet parking to a parking professional that specializes in these operations. The valet operator then becomes contractually liable for all claims relating to their parking duties.

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