So the holidays are just around the corner and if you ask any knowledgeable five-year-old she’ll tell you that Santa is hard at work preparing a spreadsheet of the latest “must-have’s” for children around the globe. But what’s Ol’ Saint Nick putting on the list for himself? There’s one thing that he probably hasn’t considered that maybe he should – insurance and some new cost-saving options like:

• Comprehensive and Collision coverage—Reindeer sleighs are a dangerous instrumentality so consider what may happen if they ram a roof or clip a car. This optional policy will cover damage caused to the policyholder’s vehicle and to the property of others and can include coverage for fire and theft of the sleigh and its contents. Save money by adding multiple vehicles or showing your safe driving record.
• Liability Coverage—What if Rudolph’s headlight goes out and some unfortunate motorist or pedestrian comes nose to nose with a 425-pound sleigh-guide? Not to worry if Santa bought coverage then North Pole Mutual will cover bodily injuries to persons injured in the accident. Santa may even get a discount on this coverage from some insurers if he allowed the insurer to install GPS tracking in his vehicle to monitor his global trek and driving habits.
• Uninsured Motorist (“UM”) Coverage—So Caribou meets Caravan in sunny South Florida where no one seems to carry enough coverage – not to worry Santa spent the extra Shekels to buy UM coverage to provide for his injuries should a driver with less-than-adequate insurance wrongly cross his path.

So remember to have fun this holiday season and stay safe. Santa’s got you covered.

Russel Lazega is an attorney and author of two of Florida’s most widely distributed legal textbooks on Florida Insurance Law. He also represents accident victims and consumers at war with their insurance companies and is based in North Miami, Dania Beach, Orlando and Tampa, Florida. Questions? Contact: Russ@fladvocates.com.