Home Protection 4 is the most comprehensive family protection offered by Vörður, covering all key aspects of household protection. Deductibles are generally lower and compensation are higher than Home Protection 1,2, and 3. It is well suited for those who want the best possible protection for their family and household contents at all times.  

The insurance covers the policyholder, their spouse/cohabiting partner and unmarried children. These individuals must have a shared legal residence in Iceland, live at the same address, and maintain a joint household. 

Household items are items that are part of a general household and are not considered part of the property or its general accessories. Items that you would normally take with you when moving are considered household items. However, we recommend that expensive items, such as works of art, jewelry, expensive bicycles, special hobby equipment and other items that require special inspection and may even require separate insurance. Compensation for damage to such items is subject to rules on maximum compensation, which means that the compensation may be lower than the actual value of the items. 

Travel insurance is an optional add-on to Home Protection 4. This add-on includes travel health insurance, baggage insurance, baggage delay insurance, and trip cancellation insurance. 

We recommend that high-value items—such as artwork, collectibles, expensive bicycles, and other valuable leisure equipment—be insured separately. Compensation for such items is subject to maximum benefit limits, which may result in payouts that are lower than the actual value of the items. 

Coverage can vary significantly. Insurance policies included with credit cards differ, and we recommend reviewing the specific coverage that comes with your credit card.