Car Insurance
- It is compulsory for car owners in Iceland to buy liability insurance and accident insurance from an insurance company.
- Liability insurance compensates the losses that others suffer from a collision that you are responsible for.
- Accident insurance compensates the driver if he is injured and as well as the car owner if he is a passenger.
- Other kinds of car insurances are discretionary, such as windshield insurance and comprehensive motor insurance. Comprehensive motor insurance compensates loss caused by a collation you are responsible for.
Insurance companies
