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Collision damage waiver:Collision damage Waiver (CDW)
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. 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.
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 instances listed in articles 6.5.1 – 6.5.15 in this policy. The financial responsibility is limited to the deductible amount. The maximum deductible amount for CDW is 360.000 ISK for standard vehicles and 500.000 ISK for passenger vans, campervans and motorhomes (Class codes: *VMR, *VAR, *HMR, *HAR, *RMR and *RAR).
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Gravel protection:Gravel protection (GP)
Gravel protection covers the vehicle against damages to the windscreen and paint on the bumpers, hood and doors caused by a passing vehicle. Windscreen damages caused by gravel have the liability of 25.000 ISK.
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Sand & ash damage waiver: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 360.000 ISK for all vehicle groups.
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Theft protection: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 360.000 ISK for all vehicle groups.
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Super collision damage waiver:Super Collision damage Waiver (SCDW)
SCDW reduces the renter’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 100.000 ISK for standard vehicles and 360.000 ISK for passenger vans, campervans and motorhomes (Class codes: *VMR, *VAR, *HMR, *HAR, *RMR and *RAR).
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Tire insurance: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.
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Gold insurance:The Gold Insurance Package includes SCDW (Super Collision Damage Waiver) which lowers the self risk to 100.000 ISK, GP (Gravel Protection), TP (Theft Protection), TI (Tire Insurance), and SAAP (Sand and Ash Protection).
Debit cards are accepted only if all insurances are purchased (SCDW, GP, TI, TP and SAP), and only debit cards that support authorization only transaction.
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Silver Insurance Package :The Silver Insurance Package includes SCDW (Super Collision Damage Waiver) and GP (Gravel Protection).
The maximum deductible amount for SCDW is 100.000 ISK for standard vehicles and 360.000 ISK for passenger vans, campervans and motorhomes (Class codes: *VMR, *VAR, *HMR, *HAR, *RMR and *RAR).
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