Valet parking insurance allows you and your staff to drive, move and park the vehicles your customers have entrusted to you. This cover is ideal for clubs, restaurants, event organisers and wedding parkers as well as airport, ferry terminal and other car-park based risks.
Whether you run a valet parking company and employ your own team, or have hired a valet parking firm to handle your customers’ parking needs, it’s essential you have the right level of cover in place.
Valet parking generally comes in two forms – meet & greet and park & ride. We can offer cover for both but they are restricted to a radius.
The most important thing to consider when choosing the right valet insurance for you is the liability issues. The risks you face include damage caused to a customer’s car as well as the harm that could be done to pedestrians and other drivers in the event of an accident. Given the severity of these risks, it is essential you have a sufficient level of liability coverage in place.
A good policy will include the following liability covers:
• Public liability – Covers any injury to a person or damage to their property caused by you or a member of your valet team.
• Employers’ liability – This policy is a legal requirement for any valet parking business with employees and provides cover for job-related injuries and illnesses.
We tailor valet parking insurance policies to meet your particular requirements. That includes:
• Flexible customer vehicle indemnity limits
• Static parking risks
• Specified driver, any authorised driver and any employee policies
• Other usages for the directors or owners of the firm, including social, domestic and pleasure use for company vehicles or personal vehicles used for business
• Office contents and equipment
• Loss of use of customers’ vehicles
We will also consider giving ‘commercial consideration’, which provides cover beyond the standard refines of your policy. Basically, it is a contingency insurance that ensures that should something happen to a valued customer’s vehicle where there’s doubt as to the fault, our commercial consideration extension ensures there are no protracted arguments over who is strictly liable. This can protect your relationship with that customer.
We discuss your requirements with you and get to know your business before tailoring a valet parking insurance policy that meets your specific needs. We then use our leading panel of insurers to find the very best price. Get in touch to discuss your requirements or request a quote today.
A collection of videos which outline Clegg Gifford’s products and other useful information.
Clegg Gifford were formed in 1968 which means we celebrated our 50th anniversary in 2018. In our circa 50-year history, there is not much we haven’t seen! Our storied history in the Motor Trade, Taxi and Commercial Vehicle industry ensures you won’t find many better placed Brokers to deal with your unique requirements!
With a network of branches, Appointed Representatives and over 800 brokers we can find cover for clients in any area of the UK. We pride ourselves in being able to find bespoke solutions for unique requirements. From architects and bankers to yacht captains and zoologists, we have covered them all.
As we all know far too well, claims, and claim management is a necessary part of Insurance. Consequently, a good claims teams are worth their weight in gold! We are very proud of our distinguished team that have been nominated for ‘Claims Team of the Year’ two years in a row! Here is to hoping you won’t need to contact them!
Due to our heritage within the market, we have great relationships with a multitude of insurers across both personal and commercial lines. As always, our emphasis is on delivering you with flexible coverage options that help support your personal and commercial requirements. As a Lloyds broker we also have access to a range of London Market insurers.
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