Hoppa yfir valmynd

Liability Insurance

According to Icelandic law,underlineyou are liable for damages if you cause personal injury or property damage to others in a culpable and illegal manner.

More About Liability Insurance

  • Liability Insurance pays compensation to your injured party if you are liable for damages. The insurance also provides compensation for costs that may be incurred by you if a claim for damages is made against you.
  • As liability is often a complex legal issue, we advise you to consult with us about your legal position if a claim is made against you in respect of damage for which you are believed to be at fault. We especially advise you not to accept liability without consulting us.
  • Liability Insurance also covers damage due to mopeds in category I and bicycles that are not subject to insurance according to traffic law.

The insurance covers

  • Costs that you must pay if you are liable for damages according to tort law.
  • Costs that you must pay if you are liable for damages due to an incident that occurred because you were the driver of a moped in category I.
  • Costs that you must pay if you are liable for damage that you cause others with a firearm if you have a firearms license.
  • Costs for damage caused by your children under the age of 10, even though they are not liable for damages due to their age.
  • Costs for damage you cause others in the practice of golf, even though there is no liability for such incidents.

The insurance does not cover

  • Damage that occurs following a specific task that you have been assigned to perform. Often referred to as "damage in contract".
  • Costs for damage caused by the parties covered by the insurance to each other.
  • Costs due to damage that you cause at work.
  • Costs for damage to items you have borrowed.
  • Costs for damage caused by you as the owner or user of vehicles, firearms or animals.
  • The part of the claim that falls under the deductable.

Please note that the above list is not exhaustive. Further information can be found in the insurance terms.
In case of discrepancy between this list and the insurance terms, the insurance terms applies.

Insurance Terms

The insurance terms is your contract with VIS. It is important to thoroughly read the terms and understand what is covered and what is not, before purchasing the insurance.

If you have Family and Home Contents Insurance

you may also be interested in the following insurances.

Property Insurance

Buying a property is usually the biggest investment we make in our life. It is therefore important that we make sure that the property is properly insured to minimize the financial consequences of property damage.


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.