The Importance Of Valet Parking Workers Compensation

Whenever 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 compensationValet Parking Workers Compensation is required to lawfully operate a valet parking service business. As the valet parking service provider, the parking company is liable to pay for medical bills from any injury the employees suffer from. This may be from being hit by another vehicle, mugged from their tips or even if they themselves caused the accident. If they are covered with such an insurance policy, then the insurance company will take care of paying what could be really costly bills. If they are not, a lawsuit may eventually unfold against the individual or business that hired the valet company. This is again one of those times where “you get what you pay for.”

Potential clients are strongly encouraged to check for such coverage before engaging the services of a valet company. As owners of the vehicles being driven or the venue of the event, these clients are also liable for any untoward accident that the valet attendants encounter. Engaging only the services of insured valet service providers will save them a lot of trouble and dollars in the future.

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 your goal. Anything less is still acceptable but put a limit on less than a quarter of the amount of actual damages suffered. An all-risk coverage is also the best deal you can get 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 valet parking 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!