Contracting a Valet Parking Service? Make Sure They are Covered With Valet Parking Workers Compensation Insurance!

Valet parking  workers compensation is a form of insurance policy that covers injury to the valet parking attendants from accidents occurring while they are working.

Valet Parking Workers Compensation is required to lawfully operate a valet parking service. As the service provider, the parking company is liable to pay for medical bills from any injury the employees suffer from. These injuries may include, among other things, being hit by another vehicle, getting mugged for their tips, or even if they themselves caused an accident.

In California, workers compensation insurance is required for most businesses, including valet parking operators. The workers compensation insurance policy will take care of paying what could be really costly bills in the event of injury to the employee. If the parking operator does not have such a policy, a lawsuit may eventually unfold against the individual or business that hired the valet company, in addition to state penalties. This is again one of those times where “you get what you pay for.”

Ask for a Certificate of Insurance!

Potential clients are strongly encouraged to check for workers compensation before engaging the services of a valet company. Without this policy, even the owners of the vehicles being driven or the venue of the event itself me be liable for any accident that the valet attendants encounter. PMSA, along with our experienced consultants at The Parking Group, strongly recommend to only hire services from an insured valet parking company!

Some of the important things that you should look for in a valet parking workers compensation policy are the amount and the extent of the coverage. The capacity to be fully indemnified for any damage suffered should be the client’s goal. Anything less may still be acceptable but we recommend no less than 75% of this amount, but you can settle for a policy that covers the usual risks such as collisions, explosions and even muggings.

If you would like more information regarding workers compensation, you may contact us and our management team will help direct your business accordingly. As a member with excellent standing of the National Parking Association (NPA) and the Better Business Bureau, your business can trust Parking Management Services of America with complete confidence!