What does Excess mean?
An Excess is the amount of money that you would have to pay out in the event of a claim taking place, which would need to be paid to the insurer before they deal with the remaining amount of the claim. All polices tend to have an excess but if you volunteer to a pay a higher excess you are likely to make savings on your actual policy cost. You should remember that the only reason this reduces your premium is because you will end up paying out more at the point of making a claim and when budgeting for your car insurance, this should always be in mind! << Back What are the different types of excess? An Excess is the amount of money that you would have to pay out in the event of a claim taking place, which would need to be paid to the insurer before they deal with the remaining amount of the claim. All polices tend to have an excess but if you volunteer to a pay a higher excess you are likely to make savings on your actual policy cost. You should remember that the only reason this reduces
