• THIRD PARTY LIABILITY INSURANCE (TPL)
WHEN RENTING ONE OF THE LESSOR´S VEHICLES THE LESSEE IS COVERED BY A MANDATORY THIRD PARTY LIABILITY INSURANCE (TPL) STIPULATED BY ICELANDIC LAW.
CDW REDUCES THE RENTER’S FINANCIAL RESPONSIBILITY TO A PART, IN CASE OF DAMAGE TO THE VEHICLE, UNLESS THE DAMAGE IS THE RESULT OF THEFT, BURGLARY OR OTHER REASONS STATED IN OUR RENTAL AGREEMENT TERMS AND CONDITIONS. THE FINANCIAL RESPONSIBILITY IS LIMITED TO THE DEDUCTIBLE AMOUNT. THE MAXIMUM DEDUCTIBLE AMOUNT FOR CDW IS 3000 EUR.
CDW IS MANDATORY UNLESS RENTER PROVIDES WRITTEN PROOF FROM AN INSURANCE COMPANY, SPECIALLY STATING IN ENGLISH THAT COVERAGE OF COLLISION INSURANCE IS EFFECTIVE IN ICELAND AND VALID FOR THE DURATION OF THE RENTAL AGREEMENT. COST OF COLLISION DAMAGE WAIVER (CDW) IS 5 EUR PER DAY.
USAGE OF PERSONAL THIRD-PARTY INSURANCE IS ALWAYS ON RENTER’S OWN RESPONSIBILITY. IF CDW IS NOT ACCEPTED, RENTER WILL BE HELD FULLY RESPONSIBLE FOR THE FULL VALUE OF THE VEHICLE AND EXTRAS IN CASE OF THIRD-PARTY INSURANCE IS NOT VALID.
THE COLLISION DAMAGE WAIVER (CDW) INSURANCE DOES NOT COVER:
1. INTENTIONAL DAMAGES OR DAMAGES DUE TO GROSS NEGLIGENCE ON THE PART OF THE DRIVER.
2. DAMAGES RESULTING FROM THE DRIVER BEING UNDER THE INFLUENCE OF CONTROLLED OR ILLEGAL SUBSTANCES, OR IN ANY OTHER WAY INCAPABLE OF DRIVING THE VEHICLE IN A SAFE MANNER.
3. DAMAGE CAUSED BY A RACE OR TEST DRIVING.
4. DAMAGE CAUSED BY WAR, REVOLUTION, CIVIL UNREST OR RIOTS.
5. DAMAGE INFLICTED BY ANIMALS.
6. HOLES BURNED INTO SEATS, CARPETS, MATS OR OTHER PARTS OF THE INTERIOR.
7. DAMAGE AFFECTING ONLY WHEELS, TIRES, SUSPENSION, BATTERIES, GLASS (OTHER THAN WINDOWS), RADIOS, OR LOSS BY THEFT OF PARTS OF THE VEHICLE AND DAMAGE RESULTING FROM THIS.
8. DAMAGE CAUSED BY DRIVING ON ROUGH ROADS, E.G. TO THE TRANSMISSION, THE DRIVE OR DRIVE SHAFT, AND OTHER PARTS IN OR ATTACHED TO THE CHASSIS. DAMAGES TO THE CHASSIS, OR ANY PART OF THE CAR, RESULTING FROM THE VEHICLE SCRAPING BOTTOM ON ROUGH ROADS. THE SAME APPLIES TO DAMAGES OCCURRING WHEN STONES ARE THROWN UP, STRIKING THE UNDERSIDE OF THE CAR WHEN BEING DRIVEN. THE UNDERSIDE OF THE CAR IS NOT INSURED.
9. DAMAGE RESULTING FROM DRIVING IN PLACES WHERE DRIVING IS BANNED, SUCH AS PATHS, TRACKS, BANKS OF SNOW, ICE, UNBRIDGED RIVERS OR STREAMS, BEACHES, PLACES ONLY ACCESSIBLE AT LOW TIDE, OR OTHER TRACKLESS AREAS. THE CAR IS NOT INSURED WHEN CROSSING RIVERS OR DRIVING IN WATER OF ANY KIND. RIVER CROSSING MUST BE DONE WITH EXTREME CARE.
10. DAMAGE TO THE CAR CAUSED BY DRIVING ON MOUNTAIN ROADS AND ROADS MARKED F ON A MAP OR A ROAD SIGN, INCLUDING THE KJÖLUR (ROAD 35), KALDIDALUR (ROAD 550) AND SPRENGISANDUR (ROAD 26) ROUTES.
11. WATER DAMAGES TO THE CAR, ITS ELECTRICAL SYSTEM, ACCESSORIES OR ENGINE.
12. DAMAGES CAUSED BY SAND, GRAVEL, ASH, PUMICE, OR OTHER KIND OF EARTH MATERIAL BEING BLOWN ONTO THE VEHICLE.
13. DAMAGES CAUSED BY WIND BLOWING UP THE DOOR WHILE OPENING IT.
14. DAMAGE CAUSED BY SEA SPRAY/SEAWATER IF THE VEHICLE IS TRANSPORTED BY SEA.
15. DAMAGE TO ENGINE OR OTHER MECHANICAL PARTS DUE TO INCORRECT FUEL USE.
16. IF THE RENTAL COMPANY NEEDS TO COLLECT THE VEHICLE, OR HAVE IT COLLECTED, OWING TO A COLLISION OR AN ACCIDENT, THE RENTER SHALL BEAR ALL COSTS THEREOF ACCORDING TO THE TARIFF OF THE RENTAL COMPANY AT EACH TIME. THE RECOVERY FEE WILL BE CHARGED ACCORDING TO THE RENTAL COMPANY’S PRICE LIST.
• PLATINUM INSURANCE - ZERO EXCESS AND ZERO DEPOSIT
THE PLATINUM INSURANCE TAKES YOUR RISK IN CASE OF A COLLISION TO ZERO! INCLUDES ALL OUR INSURANCES: SCDW WITH SELF-RISK OF ZERO, GP WITH SELF-RISK OF ZERO, TP, TI, AND SAAP. DEBIT CARDS ARE ACCEPTED WITH OUR PLATINUM INSURANCE AND WE ONLY NEED YOUR CARD NUMBER ON FILE FOR MISSING FUEL, PARKINGS FINE ETC. BOTH DEBIT CARDS AND CREDIT CARDS THAT SUPPORT AUTHORIZATION ONLY TRANSACTIONS ARE ACCEPTED WITH OUR PLATTINUM INSURANCE.
• GOLD INSURANCE
THE GOLD INSURANCE INCLUDES ALL OUR INSURANCES: SCDW, GP, TP, TI, AND SAAP
THE SCDW REDUCES THE RENTER’S FINANCIAL RESPONSIBILITY TO A PART OF THE VEHICLE, IN CASE OF COLLISION TO THE VEHICLE, TO THE DEDUCTIBLE AMOUNT.
THE MAXIMUM DEDUCTIBLE AMOUNT FOR SCDW IS 800 EUR FOR STANDARD VEHICLES AND 2.700 EUR FOR PREMIUM CARS, PASSENGER VANS, CAMPERVANS AND MOTORHOMES (CLASS CODES: P***, *VMR, *VMD, *VMN, *HMR, *HMN *RMR, *RMN).
• GRAVEL PROTECTION (GP)
GRAVEL PROTECTION FULLY COVERS THE VEHICLE AGAINST DAMAGES TO THE WINDSCREEN AND PAINT ON THE FRONT BUMPER, HOOD AND DOORS CAUSED BY A PASSING VEHICLE.
• SAND AND ASH PROTECTION (SAAP)
SAAP COVER’S DAMAGE TO THE VEHICLE RESULTING FROM EXTERNAL OBJECTS SUCH AS; ASH PARTICLES, SAND OR SMALL ROCKS BEING BLOWN INTO THE VEHICLE IN HIGH WINDS. THE POLICY COVERS DAMAGE TO PAINT, GLASS, LIGHTS, PLASTIC PARTS, TIRES AND RIMS. THE MAXIMUM DEDUCTIBLE AMOUNT FOR SAAP IS 3000 EUR FOR ALL VEHICLE GROUPS.
• THEFT PROTECTION (TP)
TP REDUCES THE RENTER’S COSTS RESULTING FROM THEFT OR BURGLARY OF THE VEHICLE. THE INSURANCE DOES NOT COVER THE PERSONAL PROPERTY OF THE RENTER OR PASSENGER(S) IN THE RENTAL VEHICLE RESULTING FROM THEFT OR BURGLARY. WHEN TP IS NOT TAKEN, LIABILITY CAN AMOUNT UP TO THE FULL VALUE OF THE VEHICLE RESULTING FROM THEFT. THE RENTER/DRIVER IS RESPONSIBLE FOR REPORTING THEFT AND BURGLARY TO THE RENTAL COMPANY AND THE POLICE. THE MAXIMUM DEDUCTIBLE AMOUNT FOR TP IS 3000 EUR FOR ALL VEHICLE GROUPS.
• TIRE INSURANCE (TI)
TI FULLY COVERS THE COST OF TIRE REPAIR OR REPLACEMENT IN CASE OF DAMAGE TO THE TIRES. PLEASE NOTE THAT THIS DOES NOT COVER TRANSPORT OF THE VEHICLE TO A TIRE SHOP OR SERVICED ROADSIDE ASSISTANCE IN CASE OF TIRE DAMAGE.