Construction insurance
The insurance covers, among other things, damage caused by storms and collapses, as well as damage from accidents suffered by those working on the house on your behalf without receiving a salary.
The insurance also covers damage to your own tools, scaffolding and work sheds on the construction site.
The insurance covers
Fire and homeowners insurance
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Damage due to fire, lightning and explosion.
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Soot, for example due to explosion from heating appliances.
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Water damage caused by leakage from piping system.
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Damage caused by collapse or sagging.
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Storm damage when the wind speed reaches 28.5 meters per second.
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Damage to real estate due to burglary or theft at construction site.
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Breakage of glass after it has been installed in its permanent location.
Liability insurance
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Direct bodily injury or property damage to a third party if you become liable for damages as owner of a real estate.
Accident insurance
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Compensation due to accident that you and your family suffer if it leads to death, disability, temporary loss of working capacity or broken tooth.
The insurance does not cover
Fire and homeowners insurance
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Damage due to short-circuit.
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Damage due to construction with explosives.
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Damage to pipelines or cost of pipeline relaying.
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Damage due to external water.
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Damage due to glass installation.
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Indirect damage caused by the above.
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Damage caused by using incorrect or defective material.
Liability insurance
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Fines or legal costs in connection with criminal proceedings.
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Damage that the parties covered by the insurance cause each other.
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Damage to property caused by fire, smoke, soot or explosion.
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Damage to items you have borrowed and have in your possession.
Accident insurance
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Accidents that occur in fistfights.
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Accidents that are caused by food or drink poisoning.
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Accidents caused by infection due to insect bites or stings.
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Accidents that occur directly or indirectly due to blindness, high myopia or hyperopia, visual impairment, impaired hearing, paralysis, orthopedic impairment, insanity, epilepsy, stroke, heart attack, diabetes or other serious illnesses or debility.
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Accidents caused by motor vehicles that require registration.
Insurance from the Natural Catastrophe Insurance of Iceland is included. This insurance covers damage caused by volcanic eruptions, earthquakes, landslides, avalanches, and floods.
Please note that the information about the insurance is not exhaustive. More detailed information can be found in the insurance terms.
In case of a discrepancy between this information and the insurance terms, the insurance terms apply.
Insurance terms and other information
The insurance terms is your contract with VÍS. It is important to thoroughly read the terms and understand what is covered and what is not, before purchasing the insurance.
Insurance Terms
If you have property insurance
you may also be interested in the following insurances.
Family and home contents insurance
What we all have in common is that we can encounter unexpected events in life that cause damage to possessions or accidents to people. Therefore, it is important that you have appropriate coverage for your family and your belongings.
Vehicle insurance
All of us can make mistakes while driving or find ourselves in a situation that results in damage. Therefore, it is important to have good motor vehicle insurance.
Life and health insurance
No one expects to lose their health or get into a serious accident, but the fact is that it can happen to all of us. With life and health insurance, you reduce the financial consequences of damage to your health
Travel insurance
Are you planning a trip? Whether you are travelling for pleasure, study, work or other reasons, we recommend that you check whether you have travel insurance that suits you.
Animal insurance
Animals need insurance just like any other family member. We have extensive experience in insuring animals and offer several types of animal insurance for horses, dogs and cats that you can combine according to your needs.