Santa’s sleigh would be grounded without his team of famous flyers, so he needs to make sure they are properly insured.
While Santa’s reindeer seem to be well-behaved and remarkably long-lived, there are some situations where it would be wise to consider insuring the herd.
Santa’s options include:
• Liability and property coverage
If one of the reindeer happened to run off the North Pole acreage and collide with a passing vehicle, a Farm policy would cover liability damages to the vehicle and bodily injury to any occupants. The property portion of the policy would cover the loss of the reindeer.
• Attractive nuisance
The Farm policy would also cover injuries to curious visitors who come onto Santa’s property to get a look at the reindeer.
What thief wouldn’t be interested in flying reindeer? A theft extension to the Farm policy is a smart idea to guard against the costs incurred should someone discover and steal one of Santa’s 9 magical reindeer.
On a side note, Santa might want to consider also purchasing a mortality policy for his rare breed of antlered haulers. This type of policy would include emergency life-saving veterinary fees in case a reindeer has an accident requiring emergency care.