How much would it cost Santa to take out travel insurance?

How much is Santa Claus' sack really worth and how much would it cost to cover?


Fact checked

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!


Travel insurance rules continue to change as a result of the coronavirus pandemic. We’re working hard to keep up and make sure our guides are up to date, however some information may not be accurate during the pandemic. It’s even more important to double-check all details that matter to you before taking out cover. Please know that some policies may not be available through Finder at this time. Here are some helpful tips:
    • If you're buying a policy today, it's unlikely that you'll be covered for any coronavirus-related claims
    • If your travel plans go against government advice, your policy will most likely be voided and you won't be covered
    He's made his list. He's checked it twice. He knows who's been naughty and nice. It's almost time for Santa to come to town.

    The 2016 Naughty or Nice list is awfully long, consisting of roughly 1,662,505,456 names. That is a lot of baggage for Santa to be lugging around. Lucky for him there are no checked baggage restrictions on his sleigh and no fuel surcharges as reindeer run on green energy (well, carrots are orange but that's close enough).

    Have you ever wondered how much all that loot in Santa's sack would be worth? We did, so we calculated it.The cost of bringing toys to those 1.6 billion odd tots would cost him $56,936,530,266.

    How did we work this out?

    Presuming Santa spends about the same per child as parents of a particular country, calculated the equivalent cost per child in all the countries in the world using the consumer price index as a guide. We combined this with population data from the UN to find the number of children under 14 and used these figures to calculate the total cost of providing toys to every child in every country.

    Cost breakdowns

    10 most expensive countries for Santa

    CountryConsumer Price IndexCost per child AUChildren Under 14Total gifts cost
    United States73.38$59.2060,977,215$3,610,103,076

    10 least expensive countries for Santa to take gifts

    CountryConsumer Price IndexCost per child AUChildren Under 14Total gifts cost
    United States Virgin Islands93.41$75.3621,642$1,631,042

    10 most expensive per child cost

    CountryConsumer Price IndexCost per child AUChildren Under 14Total gifts cost
    United States Virgin Islands93.41$75.3621,642$1,631,042
    United Kingdom86.68$69.9311,502,731$804,440,961
    Papua New Guinea86.55$69.832,829,983$197,617,413

    10 least expensive per child cost

    CountryConsumer Price IndexCost per child AUChildren Under 14Total gifts cost

    How much would it cost to insure Santa?

    Santa may have special abilities but even he cannot escape the unforeseen. As he is a cautious fellow, we thought we'd help him out and calculate how much it'd cost to protect his wares. The cost to insure Santa's sack would come to roughly $578,475,147. For that amount of money, Santa could buy:

    • Larry Ellison's $500 million Hawaiian Island, as well as Greg Norman’s “Aussie Rules” yacht ($70 million) to get there
    • 15 1962 Ferrari 250 GTOs (the world's most expensive car at $38,115,000)
    • The world's most expensive diamond and have change. The Cullian Diamond is 3,106,75 carats and worth $400 million

    How did we work out the cost of Santa's travel insurance?

    • Total value of gifts: $56,936,530,266
    • Insurance policy required for every: $7,500
    • Insurance policies required: 7,591,537
    • Cost per policy: $85.80 (snow), $66.90 (no snow)
    • Total cost to insure: $578,475,147

    Find out how much a travel insurance policy will cost your for your Christmas travel

    warning Finally, some good news! Domestic travel is picking up, so some insurers have started offering cover again 🦘
    Just remember, you won't be covered for any pandemic related claims if you do take out domestic travel insurance.
    International travel insurance is limited and sometimes unavailable at this point.

    Made a search before? Retrieve your search results

    At least one destination is required
    Both dates are required
    Add more travellers
    Enter the age of each traveller between 0 and 99

    Enter a valid email address

    At least one destination is required
    Starting date is required
    Add more travellers
    Enter the age of each traveller between 0 and 99

    Enter a valid email address

    Type or Select your destination(s)

    Popular Destinations

    Can't find your destination? Just type it in the box above.

    We compare products from

    By submitting this form, you agree to the Privacy & Cookies Policy and Terms of Use, Disclaimer & Privacy Policy.
    Picture: Richard Pilon, licensed under Creative Commons Attribution-NonCommercial-ShareAlike 2.0 Generic (image cropped)

    Picture: Shutterstock

    More guides on Finder

    Ask an Expert

    You are about to post a question on

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked

    Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

    One Response

      Go to site