
Our customers get discounts on various security products
We are there when you need insurance.

We offer both online banking payments and card payments and you can spread payments over up to 12 months. If you prefer, you can also pay for your insurance upfront.
Payments in online banking are sent directly to your online bank. New customers are automatically on a 12-month payment plan in online banking.
To set up card payments, you first need to register your card details in My Pages. After that, we can charge your credit card.
If you wish to prepay your insurance, we can send you a payment slip to your online bank for the entire insurance period.
Payment Fees | |
Payment fee – paper | 475 kr. |
Payment fee – online banking or card | 195 kr. |
Payment distribution - interest calculated on outstanding balance | 6% |
Defaults | |
Collection warning | 950 kr. |
Collection through financial leasing | 2.000 kr. |
Valid from 01.09.2020


If a claim has not been paid 2 days after the due date, we will send you a reminder by SMS.
It is important that your contact information is correct so that we can get in touch with you. You can update your email address and phone number on My Pages.
Default interest is calculated according to the decision of the Central Bank of Iceland.
Arion Bank collects overdue premiums on behalf of Varðar. Costs related to collection letters are in accordance with item 4 in the bank's price list.
If a claim is referred to legal collection, additional costs will be added to the overdue premiums in accordance with the fee schedule of the collection agency.
If you are expecting a refund from us, it is important that your bank details are correctly registered. You can enter your bank details on My Pages under More and Payment Methods.