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Natural Catastrophe Insurance

Compensates for damaged property due to earthquakes, volcanic eruptions, landslides, avalanches and floods

What is insured?

All real estate and movables that are insured by an insurance company that has an operating license in Iceland. It is also mandatory to insure the following structures, even though they are not insured against fire: geothermal heating systems, waterworks, sewage systems, harbour installations, electric installation and telephone and communications networks which are publicly owned as well as ski lifts and bridges, longer than 50 meters.