Yes Skarpi. I've read about the ominous happenings in Iceland and that is a very scary business. Our volcanoes tend to be explosive and rare occurrences and your's are more spewing and oozing lava everywhere but you folks have nowhere to run! Keep a Viking ship or two handy for a quick getaway!
I do carry earthquake insurance. It's a little pricey but even a moderate shaker can break sewage lines and other plumbing, crack roofs and window frames and shift your foundation: all very expensive to fix. It's amazing but your house can be declared unfit for human habitation and it looks like nothing is wrong with it but its virtually totaled.