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Insurance

Insurance

TYPE PRICE CHARGE BY SUITABLE FOR SELF RISK*
CDW (Included) Day All 350,000.00 ISK500,000.00 ISK
Super CDW 2,000.00 ISK Day All 175,000.00 ISK350,000.00 ISK
Gravel Protection (GP) 750.00 ISK Day All 0
Theft Protection (TP) 1,500.00 ISK Day All 0
Sand & Ash Protection (SAP) 1,500.00 ISK Day All 150,000.00 ISK
Full Insurance Package (CDW, SCDW, GP, TP, SAAP) 3,000.00 ISK Day All 175,000.00 ISK350,000.00 ISK

* Self risk depends on vehicle groups.

Third Party Liability Insurance (TPL) – Included

When renting one of the Lessor´s vehicles the Lessee is covered by a mandatory Third Party Liability Insurance (TPL) stipulated by Icelandic law:
Please note: Neither unauthorized additional drivers nor passengers are compensated by TPL.

Collision Damage Waiver (CDW) – Included

Collision Damage Waiver (CDW) reduces the Lessee’s financial responsibility to a part, in case of damage to the vehicle. The financial responsibility is limited to the deductible amount.
The maximum deductible amount for CDW is 250.000 ISK for small cars and 500.000  ISK for large cars.

Collision Damage Waiver (CDW) is mandatory unless Lessee provides written proof from an insurance company, specially stating that coverage of collision insurance is effective in Iceland and valid for the duration of the rental agreement. Usage of personal third party insurance is always on Lessee’s own responsibility. If CDW, or SCDW is not accepted, Lessee will be held fully reliable for the full value of the vehicle and extras in case of third party insurance is not valid.

Theft Waiver (TW) – Included

Theft Waiver (TW) reduces the Lessee’s financial responsibility for loss or theft of the vehicle to the deductible amount.
The maximum deductible amount for TW is 0 EUR for all vehicle groups.
Additional Insurances

Super Collision Damage Waiver (SCDW) – 2000 ISK per day

Super Collision Damage Waiver (SCDW) reduces the Lessee’s financial responsibility to a part of the vehicle, in case of damage to the vehicle, to the deductible amount.
The maximum deductible amount for SCDW is 175.000 for small cars (group A,B) and 350.000 ISK for large cars (group C,D,E).

SCDW is available for additional 2000 ISK per day.

Gravel Protection (GP) – 750 ISK per day – MOST POPULAR

Gravel Protection (GP) fully covers damage to windshield and windows, lights and minor damage to paintwork of the rented vehicle due to gravel or rocks thrown from other vehicles when passing them.
Driver’s liability is taken to zero when this occurs.

Sand and Ash Protection (SAP) – 1500 ISK per day

Sand and Ash Protection (SAP) reduces the Lessee’s financial responsibility for damages caused by erosion or ash, which can for instance damage the paint on vehicles permanently, to the deductible amount.
The maximum deductible amount for SAP is 150.000 ISK for all vehicle groups.

Get a combined SCDW, GP and SAP insurance coverage for only 3000 ISK.

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