May 18, 2023

When you visit a mall or hotel, you usually give your keys to the valet, i.e., an assigned employee parks your car on your behalf. Valet parking is a convenient service that helps you save time and effort in trying to find a parking spot. With a professional valet taking care of your car, you can be assured that it will be parked in the designated area.

So, without any inhibition, you trust them with your keys. But what happens if things go wrong? Say your vehicle that was valet-parked at the hotel goes missing. And the hotel refuses to take responsibility. In such a situation, you could be left to fend for yourself, bearing the financial burden of a missing vehicle.

This is where valet parking theft and valet parking accident covers come in. With these covers, you can be sure that you won't be faced with unexpected financial strain in the event of a valet parking accident or theft.

Now, let's discuss these covers in detail.

Valet Parking Theft Cover
A valet parking theft cover is an optional add-on provided by various insurance companies. As mentioned earlier, it covers car theft that occurs in the custody or control of a valet at hotels or shopping malls.

Valet Parking Accident Cover
A valet parking accident cover is an optional add-on that covers any damages , caused to your car due to an accident when it is in the custody or control of the valet at the hotel or shopping mall.

How Does Valet Parking Theft/Accident Cover Work?

If your vehicle is stolen or damaged due to an accident when it is in the control of a valet, the insurance company will indemnify you for the loss - provided you have valet parking theft/accident cover added to the policy.

Some insurance companies may also indemnify you if the loss occurs when the vehicle is at a motor garage or other similar business - not owned by you - for maintenance, repairs, testing, or servicing.

To qualify for coverage, you need to ensure that -

1.You have filed a claim against the shopping mall/hotel.
2.You have handed over your vehicle to an authorised person after due verification.
3.The authorised person is a licensed driver.
4.You are not covered by this benefit under any other policy.

Note: Most insurers provide only valet parking theft cover. This can be used only once in a policy year.

How Do You Add These Covers To Your Car Insurance?

Here are the steps for adding valet parking theft/accident cover -

➔Visit the Insure At Oasis website or any broker's website.

➔Fill in your vehicle details like the make and model of the car, registration number, registration year, etc.

➔Next, enter your details like contact details, the Emirate you reside in, your driving experience, your nationality, etc.

➔Upon filling in all the required details, you will be directed to the quote page.

➔You may notice that only a few insurers provide the covers as inbuilt policy features whereas others may charge you for the same.

➔Once you have added them to the policy, you can proceed with the payment.

Wrapping Up
This is all about valet parking theft or accident covers. With these add-ons, you can rest easy knowing that your vehicle is safe and secure - no matter what happens. These extra layers of security give you the freedom to use valet parking services with complete confidence.