‘Tis the Season for Big Gifts — But Are They Insured?
- Boone Ritter Insurance
- Nov 28
- 3 min read
A Holiday Guide to Protecting Pricier Presents in Arkansas
December brings peppermint coffee, twinkling lights, and—if we’re being honest—Christmas lists that read suspiciously like luxury catalogs. Gaming systems. Engagement rings. Electric bikes. High-end jewelry. And yes, that drone someone swears they need for “content creation.”
Common questions we're seeing from people:
“Does my homeowners insurance cover gifts?”
“How do I insure jewelry I just bought?”
“Does renters insurance cover stolen Christmas presents?”
“Is an e-bike covered by insurance?”
Here’s the part most people don’t realize until it’s too late:
Not all big gifts are automatically covered under your homeowners or renters insurance.
Yup. That $2,000 necklace? That e-bike? The custom gaming PC?
Your standard policy might protect them, but often only up to certain limits, and sometimes not at all.
So while you’re checking tracking numbers and sneaking boxes into closets, it’s smart to check something else too—your insurance coverage.
“Gift Insurance”: Not a Product Name, but Definitely a Thing
There isn’t a box on your policy labeled “holiday gift insurance,” but there are protections you can add that serve exactly that purpose. Many policies limit how much they’ll replace for categories like:
Jewelry
Fine art
Sports equipment
Firearms
Electronics
Collectibles and antiques
Meaning:
If something is stolen, damaged, or lost, your policy may only pay a fraction of what it’s worth unless you scheduled the item or extended your coverage.
And here’s the kicker: Arkansas homeowners and renters often assume “my stuff is covered.” Not always.
Let’s Talk Real-World Scenarios
Imagine these common holiday moments:
Your teenager’s new drone crashes into a lake.
Not covered unless you’ve added the right type of personal property coverage.
You gift a diamond engagement ring—and it goes missing before the proposal.
Policies typically require that jewelry be itemized to get full replacement value.
Your kid’s shiny new e-bike gets stolen from campus in Fayetteville or Little Rock.
Replacement limits on standard policies may not come close to covering today’s prices.
A power surge fries that $1,200 gaming system.
Some policies cover it. Some don’t.
It’s not the most festive conversation, but it’s very real.
So How Do You Protect Those Pricey Presents?
A few simple steps go a long way:
✔️ Update Your Personal Property Coverage
Many Arkansas families bump coverage limits during the holidays.
✔️ Schedule High-Value Items
This is where you list specific pieces—like rings or collectibles—so they’re insured for full value.
✔️ Add Riders for Special Categories
E-bikes, firearms, fine art, musical instruments—these may need their own riders.
✔️ Document Your Purchase
Keep:
Receipts
Serial numbers
Photos
If you ever file a claim, you’ll be glad you did.
✔️ Call Your Local Agent for Guidance
Because deciphering policy language is not anyone’s idea of holiday cheer.
Why Boone Ritter Insurance Makes This Easy
Let’s be honest—shopping for gifts is exhausting enough. Shopping for protection for those gifts shouldn’t add stress. Boone Ritter Insurance:
Walks you through which gifts need extra coverage
Reviews your current limits so you don’t overpay
Helps you adjust policies fast—sometimes same day
Gives you Arkansas-specific guidance (because rules and risks vary)
Think of them as holiday elves, but with policy knowledge instead of toy blueprints.
A Five-Minute Call Now Beats a Five-Week Headache Later
Before the wrapping paper flies or the bow gets tied, take a moment to ask:
“Is this gift covered if something happens to it?”
If you hesitate—even a little—give Boone Ritter Insurance a call. Our team can help you insure what matters most so you can focus on the cookies, not the claims.
Ready to protect those big-ticket surprises?
Contact your local Boone Ritter agent today for a quick review and free quote.