Ho-ho-ho!

Those of us with children realize that, inevitably, there will come a day when our bright-eyed child asks:

Does our homeowner policy include reindeer coverage?

Well, thankfully Virginia, Yes! The standard HO-3 homeowner insurance policy will, indeed give you coverage for reindeer damage, subject to deductible.

It will also, give you personal property coverage if the Fat Man himself decides to steal your stuff. (Cookies excluded.)

There are, however, special limits for special items on your standard home insurance policy.

Special limits, which in the event of a loss typically include: $200 on money, bank notes, bullion, gold, silver, platinum, coins and medals; $1,000 on securities, accounts, deeds, evidences of debt, letters of credit; $1,000 on watercraft; $1,000 on trailers not used with watercraft; $1,000 for loss by theft of jewelry, watches, furs, precious and semiprecious stones; $2,500 for loss by theft of silverware, silver-plated ware, goldware, etc.; $2,000 for loss by theft of firearms; $2,500 on property, on the residence premises used at any time or in any manner for any business purpose; $250 on property away from the residence premises used at any time in any manner for any business purpose.

To combat special limits and insure your special items up to their value, you can add items to your homeowner policy per appraisal.

If you have any questions about your Massachusetts home, auto, business, or life insurance, please call or click us at Massautoquote.com.

You’ll be glad you did.