Trailers such as caravans, folding campers, and horse trailers can suffer significant damage on the road, just like vehicles.
That’s why we recommend insuring your trailer with comprehensive trailer insurance, which covers all major damages that may occur.
Comprehensive trailer insurance is an extensive collision insurance designed for all types of trailers, whether they are travel trailers such as caravans, folding campers, or tent trailers, utility trailers, or larger trailers. Personal property belonging to the trailer can also be included in the coverage.
What is covered? | What is not covered? |
|---|---|
| The insurance covers damages caused by: | The insurance does not cover damage due to: |
Traffic accidents. | Driving where driving is prohibited by the authorities. |
Fire. | Sandstorms. |
Avalanche or rocks falling from the side of a mountain. | Seawater. |
Vandalism. | Wear and tear or inadequate maintenance. |
Horses and cattle. |
The insurance does not cover damages from theft outside of Iceland..
The insurance is valid in Iceland. If it is an annual insurance, it is also valid while travelling in Europe for up to 90 days and during necessary transportation between countries.
You must report any damage as soon as possible and no later than one year from the date of the damage.
You must ensure that all the information in the insurance policy is accurate.
You must inform us of any changes in your address, telephone number, and email address.
You must follow all the precautions in the terms of the insurance policy.
The premium must be paid on the due date. When the insurance policy is issued or renewed an electronic claim is created in your online bank. You have the option to distribute the premium payments by:
Credit card payment, where the premium is charged monthly to a credit or debit card.
Direct payment, where your bank account is debited monthly.
Corporate distribution, where the premium can be paid in monthly payments.
The insurance policy takes effect when an offer is accepted and is renewed annually until it is canceled.
Individuals and companies with fewer than five full-time positions can cancel the insurance at any time and it will expire at the end of the following month after the cancellation is received. Other companies can cancel their insurance one month in advance before the end of the insurance period.
The cancellation must be in writing, for example with an electronic signature.
