A person may not operate a valet parking service unless financial responsibility for each employee who operates a motor vehicle for the service is established through:
(1) a motor vehicle liability or comprehensive general liability and garage insurance policy in an amount established by Section 686.004;
(2) a surety bond filed under Section 601.121; or
(3) a deposit in the amount of $450,000 under Section 601.122, notwithstanding any other amount prescribed by that section.