Summer cottage insurance
A composite insurance suitable for all summer cottage owners. Insurance that protects both the cottage itself and its contents.
Our customers get discounts on various security products
We are here whenever you need insurance.
A composite insurance suitable for all summer cottage owners. Insurance that protects both the cottage itself and its contents.
Insurance can be complicated. To make things easier to understand, we have compiled all the key information about the insurance in an information document that can be viewed with the terms and conditions.
Mandatory insurance that compensates for loss or damage to property due to fire.
Extensive and comprehensive protection for those who are constructing a house and have appointed a building manager and/or responsible contractors to oversee the construction work.
An important safety net in case of accidents or illness or as a security fund for those left behind if we pass away.
Summer cottage insurance is comprehensive insurance for all owners of summer cottages.
Cottage insurance is composed of two insurances: homeowner insurance and household contents insurance. A detailed list of what is covered and what is not covered can be found in the insurance's information document.
Household contents are personal belongings that generally come with summer cottages and are not considered part of the property or its general fixtures. Think of household contents as everything that you would take with you between summer cottages.
When you sell a property, the principle is that your summer cottage insurance lapses at the same time as your fire insurance. Homeowner insurance never automatically transfers between properties when moving. The household contents insurance must be cancelled separately.
A hot tub is not covered by the homeowner insurance and must be insured separately. The patio and other similar valuables outside the exterior walls of the property are not considered property, unless those values are specified in the property's fire insurance valuation.
That varies. The premium for summer cottage insurance depends on the insurance amount of the household contents on the one hand, and on the fire insurance appraisal of the summer cottage on the other. A deductible applies to household contents and homeowner damages, and the amount is stated on the insurance certificate.
Loss or damage caused by water, steam, or oil that unexpectedly and suddenly flows and has its origins within the exterior walls of the property and its foundation due to malfunction or mistakes.
Loss or damage if surface water caused by sudden downpours or thawing becomes so great in volume that drainage pipes cannot accommodate it.
Damage due to frost cracks in the indoor water supply system.
Loss or damage to the insured property due to forced entry or attempted forced entry.
Loss or damage caused by external water from basic roof gutters, balconies, or drainage pipes.
Loss or damage due to water that is pushed upwards from sewage or drainage pipes.
Loss or damage caused by basic utilities that have sagged to different degrees, are friable, or have in any other manner degenerated due to use or insufficient underlay.
Loss or damage caused by subsidence of the foundation of the property, e.g. due to flushing of soil.
Loss or damage to household contents caused by a fire, lighting, or explosions.
Loss or damage to household contents due to soot fall, firefighting, rescue, and cleaning operations due to damage.
Loss or damage to household contents caused by water, steam, or oil that unexpectedly and suddenly flows and has its origins within the exterior walls of the property and its foundation due to malfunction or mistakes.
Loss or damage to household contents due to burglary, robbery, or vandalism.
Loss or damage to contents caused by storm, unexpected snow accumulation, or surface water due to sudden rainfall or icy conditions.
Loss or damage due to unforeseen stoppage of the cooling system of a refrigerator or freezer, provided this results in the destruction of food.
Loss or damage due to overheating (boiling) of laundry in a washing machine or dryer, if the damage is caused by a fault in the appliance.
Scorching and melting of household contents without the presence of fire.
Loss or damage due to soot or smoke that develops gradually due to the use of a fireplace.
Loss or damage due to slow leak or contamination that occurs gradually.
Loss or damage due to burglary or theft from tent campers, caravans, or tents.
Loss or damage caused by external water sources, such as from roofs, gutters, balconies, or due to tidal waves, flooding, or groundwater.
Loss or damage to a refrigerator or freezer resulting from an unforeseen failure of the cooling system, if the appliance is more than 5 years old and/or the seller’s warranty does not cover the damage.
Loss or damage to the washing machine itself caused by boiling (overheating).
Pays compensation for liability that can fall on the owner of the summer cottage because of the summer cottage, according to Icelandic law or legislation.
Loss or damage that the family of the houseowner suffers.
Loss or damage that occurs because of the houseowner’s occupation, whether in the insured’s own business enterprise or work in the employment of another party.
Loss or damage to items that the insured has on loan or in storage.
Loss or damage caused by a fire, water for firefighting, smoke, soot, or explosion.
Loss or damage caused by sudden and unforeseeable events, which are not liable for compensation according to traditional household contents insurance for summer cottages.
An item that is lost, forgotten or left in public.
Loss or damage caused by normal wear and tear, insufficient maintenance or manufacturing defect.
Loss or damage caused by pets.
Loss or damage due to theft.
Loss or damage to the deck and small house caused by fire, lightning, or explosion.
Loss or damage to the deck and small house due to soot fall, extinguishing, rescue, or cleaning operations in response to a covered loss.
Loss or damage to the small house caused by water, steam, or oil that suddenly and unexpectedly escapes from within the internal piping or systems due to malfunction or error.
Loss or damage resulting from surface water caused by heavy rainfall or sudden thaw, where the drainage system is unable to carry it away.
Loss or damage due to frost cracks in the internal water pipe system of the small house.
Loss or damage to the deck and small house caused by burglary, robbery, or vandalism.
Loss or damage resulting from breakage or collapse of ceiling panels or fixed interior fittings due to sudden and unexpected external events.
Loss or damage caused by sudden snow load that causes the roof or walls of the small house to give way.
Loss or damage to the deck or small house as a direct result of a storm or wind with wind speeds exceeding 28.5 m/s.
Scorching or melting of the deck or small house without an open fire.
Loss or damage caused by soot or smoke that accumulates gradually from the use of a fireplace or stove.
Loss or damage resulting from slow leakage or contamination that occurs gradually over time.
Loss or damage caused by external water, such as from flat roof gutters, balconies, or drainage pipes.
Loss or damage caused by water that is forced back up through sewage or drainage systems.
Loss or damage due to foundation structures settling, decaying, or otherwise deteriorating from use or inadequate base support.
Loss or damage due to ground subsidence of the property, e.g., from soil erosion.
Loss or damage to the component causing the leak or water escape, such as pipes, radiators, or appliances.
Loss or damage to the hot tub caused by fire, lightning, or explosion.
Loss or damage to the hot tub due to soot fall, extinguishing, rescue, or cleaning operations in response to a covered loss.
Loss or damage to the hot tub as a direct result of a storm or winds where wind speeds exceed 28.5 m/s.
Theft and deliberate damage to the hot tub following a break-in.
Frost crack damage to the hot tub’s piping system.
Scorching or melting of the hot tub without the presence of open fire.
Loss or damage caused by soot or smoke that gradually forms due to the use of a fireplace or stove.
Transportation costs related to moving the hot tub for repair.