valet parking operations
Use the following checklist to verify a complete submission.
- Complete the main garage application [ get it here ]
- Complete the valet parking supplement. Include information regarding hiring and firing practices
and minimum age and MVR requirements. [ get it here ]
- Complete the driver schedule. Make sure to fill in job duties, titles, or family
member status (e.g. son, spouse, daughter, etc..) for each driver or employee. Mark each
driver whether furnished an auto or not. (this is attached to the garage
application)
- Include MVR's for each developed driver
- If the business is not a new venture, request loss runs for at least 3 years. We may
request these, particularly if:
- There have been losses
- the account is of a certain size where it will be required by the company guidelines
- the account may have to be submitted due to unusual characteristics
Obtain 3 year hard copy loss runs directly from the company. The insured is entitled
to receive these, and just needs to request them from the prior agent.
- Write a narrative about the account. This just needs to be a short description of the
account. As an example:
"The applicant has been in the valet parking
business for 3 years and has been insured with X insurance. Current carrier is non-renewing
due to no longer writing this type of operation. Owner is 29 years old and only hires drivers
21 and over with maximum of one minor violation on MVR. Insured operates valet services for 3
upscale downtown restaurants, 6 days a week."
- Items specific to valet parking operations.
Identify names of establishments
where the applicant conducts operations. Give us a layout of each location including where
the autos are parked (on premises, off premises?) If off premises, do they travel on public
streets? Where is the parking lot in relationship to the pickup point? Park for one time
events, such as weddings and special events?
- Use ACORD applications for additional coverages
- Assemble and fax to us at 937-547-6472
2012 MS General Agency Inc. dba Cox Specialty Markets