Insurance for Valet Style Vehicle Storage?
I operate a valet style, indoor vehicle storage facility and have had trouble finding insurance to protect my client's vehicles. We require that they carry their own insurance and sign a hold harmless but I would like to have a reasonable priced policy. The problem seems to be the insurance industry's lack of a risk profile for this type of business. Insurance can be purchased from providers like Loyds of London but at a per vehicle cost nearly = to the cost of storage. Does anyone have ideas on providers that are addressing this rapidly growing market?
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