Car insurance cover abroad – Iceland
Affected by Brexit?
If you have an accident, you are required by law to call the police to the scene of the accident in the following circumstances: minor accident - individuals slightly injured, minor accident – individuals injured, major accident – casualties.
The procedure for claiming compensation from the other driver's insurance company includes: Filling out an Accident declaration (see below)
Fill out the form – and hand it over to your insurance company. Call the police on 112. They will advise you what to do. Do not move your car (unless it is in a dangerous position which might lead to another accident) and wait for the police to arrive. It is a legal requirement to carry a warning triangle and this should be used if necessary. In the meantime swap insurance information and addresses with the other driver. If you have a camera handy take pictures of the accident for the police and insurance purposes. You should give a copy of the police report to your insurance company.
You must use the official accident declaration form.
Accident declaration: is.
The maximum insurance coverage in Iceland is:
- for personal injury: maximum ISK 1 000 million (approximately EUR 60 million)
- for damage to property: maximum ISK 175 million (approximately EUR 1 million)