• Your spouse or cohabiting partner and your unmarried children, provided you share a registered legal residence in the country, live at the same address, and maintain a common household.
• Your children and those of your spouse or cohabiting partner who are under 18 years old and have a registered legal residence in the country but live elsewhere.
• Your spouse who has a registered legal residence elsewhere in the country. However, this does not apply if you are legally separated.

Among the factors influencing the price of the insurance is the amount you choose as your household contents value—that is, the amount for which you insure your belongings.

The price of the insurance increases if you choose to add comprehensive household contents insurance or accident insurance for leisure time to Family Protection 1, or travel insurance to Family Protection 2 or 3.

Customers in our loyalty program, Stofn, receive a discount on premiums, and claim-free and prompt-paying customers in Stofn are also eligible for a refund on their premium.

Household contents include everything you take with you when you move, such as furniture, clothing, dishware, and decorative items. It does not include things left behind, such as flooring and built-in fixtures.

When applying for Family Protection, you need to specify the value of your household contents. It is important to estimate this amount accurately so that any compensation you receive in case of damage matches the actual value of your belongings.

Household contents typically consist of items purchased over time, making it easy to underestimate their total value. However, it is essential to estimate the value correctly, as in the event of significant damage, you may have to replace everything at once.

The best approach is to go through your home room by room and add up the cost of the items in each space. This helps reduce the risk of underestimating the value of your belongings.

Yes, it is necessary to do so regularly.

Over time, we tend to acquire more and more valuable items—for example, when the household grows, when we move to a larger home, or when we receive expensive gifts. Later in life, when downsizing, it may also be necessary to reassess the value.

If you want to change the insured value of your household contents under your Family Protection policy, please contact us by phone at 440 2000, via live chat, or by email at sjova@sjova.is.

Valuable items should always be insured separately. This applies to expensive recreational equipment such as bicycles, golf equipment, and cameras, as well as valuable paintings and jewelry.

This is because Family Protection only covers some items up to a certain limit. For example, watches and jewelry are covered up to a maximum of 5% of the total insured household contents value. The maximum compensation for burglary and vandalism in storage units outside the home, garages, or vehicles is also 5% of the insured contents value.

If you own valuable items that are permanently stored outside your home, they must also be insured separately. Items such as paintings, computers, cameras, audio equipment, and televisions are not covered for burglary or vandalism if stored in storage units, garages, or vehicles.

You can always contact us to insure these items by calling 440 2000, reaching out via live chat, or emailing sjova@sjova.is.

Family Protection 2 meets the needs of most people and is the most common home insurance plan among our customers, whether they have a large or small household.

If you are just starting out on your own or downsizing, Family Protection 1 may be a good fit, as it includes less coverage than Family Protection 2—for example, it does not include accident insurance for leisure time or travel insurance, though these can be added.

Family Protection 3 offers more extensive coverage than Family Protection 2, including broader liability insurance, higher compensation limits, and lower deductibles.