Car Rental Insurance
Car Hire Insurance Driver's License
The driver must present a valid driver's licence held for a minimum of one year at the time of rental.
An International Driving Permit (IDP) / International Driving License (IDL) is also required if your national driver's licence is not in Roman script. This is required for translation purposes and may only be used in conjunction with a national driving licence.
For vehicles for 10seates or more, the driver is responsible for having a valid driving licence for those vehicle types.
Third Party Liability
Third-party liability insurance and accident insurance for owner and driver will consist of the amount stipulated by Icelandic law at any given time. The Renter's own risk (also termed as "deductible", i.e., the amount that must be paid out of pocket by the Renter for covered losses before an insurance company pays a claim) with regard to damage to the vehicle amounts up to the full value of the vehicle.
Collision Damage Waiver (CDW)
This option limits your financial liability for damage to the Hertz vehicle, its parts and accessories, except theft, attempted theft or vandalism, provided the vehicle is used in accordance with the terms and conditions of the rental agreement.
If CDW is declined, you will be responsible for damage up to the full value of the vehicle.
CDW Non-Waivable Excess. All rentals are subject to a non-waivable excess (N.W), ranging from EUR 1.350 to EUR 2.275 depending on the vehicle group rented, for which you are responsible in the event of damage to the Hertz vehicle during the rental.
If you choose to rely on your credit card for cover, we strongly recommend that you fully understand the terms and conditions of any cover provided by your credit card company before you decline any of our optional services.
Super Collision Damage Waiver (SCDW)
The purchase of SCDW in addition to CDW reduces the non-waivable amount. Ranging from EUR 190 to EUR 430 for all other vehicles.
Collision Damage Waiver (CDW) and
Super Collision Damage Waiver (SCDW)
The amounts of N.W fees vary, depending on how high the amount of damage they apply to. In respect of N.W fees and to which damage amounts such payments apply, a reference is made to the damage pricelist of Hertz at any given time.
The payment of an N.W fee does not reduce the Renter's N.W because of damage to the vehicle in instances listed in full detail in the rental terms and conditions.
We would like to recommend that you tell your customers about the 3 main things that is never covered by any insurance:
- Damages caused by driving off road
- Damages when driving in water/river
- Damages to tires and under body of the vehicle.
Also that damages caused by sandstorm or ash blowing against vehicle is not covered unless the SAAP insurance is accepted.
Theft Protection (TP)
This option limits your financial liability for loss or theft of the Hertz vehicle, its parts and accessories, provided the vehicle is used in accordance with the terms and conditions of the rental agreement.
If TP is declined, you will be responsible for the cost of repairing or replacing the Hertz vehicle lost or damaged, following theft, attempted theft or vandalism up to the full value of the vehicle.
TP non-waivable excess.
All rentals are subject to a non-waivable excess fee, ranging from EUR 1.350 to EUR 2.275, depending on the vehicle rented, for which you are responsible in case of loss or theft of the Hertz vehicle during the rental.
Windshield Protection (WSP)
This option will eliminate the Renters financial liability for damages, caused by gravel, on the front window and headlights.
Sand and Ash Protection (SAAP)
This option limits the Renters financial liability for damages caused by ash, sand or other earth materials being blown against the vehicle. Such damage has not been covered by any insurance and the Renter has been liable for the total damage cost which can include replacement of the windows, headlights and repaint of the vehicle.
SAAP non-waivable excess (N.W).
When getting the SAAP, the same non-waivable rules will apply as if those insurances are bought separately. Excess fee ranging from EUR 1.350 to EUR 2.275.
Damage Car Transport
The renter will always have to cover the cost for transporting the damaged vehicle. The cost is 270 ISK per km, with a minimum fee of 45.000 ISK.
