Valet Parking Insurance Coverage Checklist
The coverages a valet parking business may carry — core, prevalent, and situational — why each matters, and the gap most often missed.
Pull out your current policy and check the box next to any coverage you can confirm is already in place — anything unchecked is worth a quick conversation with your advisor. Coverage checklist for valet parking companies. Priorities reflect typical exposure for this class; confirm against venues served and where cars are parked.
Tick each coverage you can confirm you carry — anything left unticked is a good question for your next policy review.
| Have it? | Coverage | Why this business needs it | Priority |
|---|---|---|---|
| Garage Liability (incl. Auto Liability) | Covers injuries and damage caused while drivers operate customers' cars, including on public streets. | Core | |
| Garagekeepers Coverage | Covers customers' cars in your custody — theft, collision, and damage. Choose legal liability, direct primary, or direct excess. | Core | |
| Umbrella / Excess Liability | Adds limits above garage liability; venues often require $2M-$5M. | Core | |
| Workers' Compensation | Required in most states; drivers are struck by vehicles and injured running between lots. | Core | |
| Employment Practices Liability (EPLI) | Covers wage, tip, and discrimination claims in a large hourly workforce. | Prevalent | |
| Crime / Employee Dishonesty | Covers theft by employees, including vehicle theft and cash. | Prevalent | |
| Contractual Liability | Confirms coverage for indemnity promised to venues in valet contracts. | Prevalent |
The coverage gap most often missed
The most commonly missed gap for this class is the type and limit of garagekeepers coverage. Valet drivers routinely handle luxury vehicles, and the printed disclaimer on a valet ticket generally won't protect the company from its own negligence. Under legal liability garagekeepers, the insurer pays only if the valet is found at fault, which can leave customers — and the venue relationship — unhappy; direct primary pays regardless of fault. Limits should reflect the most valuable cars in custody at once, not the average car.
Send us the checklist and we'll review your valet parking coverage line by line, then market it across multiple carriers that compete for your account.
Related: Valet Parking Insurance · Valet Parking Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does a valet parking business need?
The core coverages for a valet parking business are Garage Liability (incl. Auto Liability), Garagekeepers Coverage, Umbrella / Excess Liability, Workers' Compensation. This checklist also lists the prevalent and situational coverages worth considering, with a plain-English note on why each matters.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my valet parking coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.