What is an Excess?
An excess is a contributory amount you pay towards the cost of a claim. Most insurers set a compulsory excess and in addition you can choose an amount of voluntary excess. The higher the excess you are prepared to pay in the event of a claim, the lower your premium will be. Greenbee’s compulsory excess for most drivers is 150, however there are additional excesses for young and inexperienced drivers. You’ll need to check your policy summary if this applies. If a claim is not your fault, it may be possible to recover your excess from the party deemed to be at fault.
This is an amount you must contribute towards the cost of a claim. You can choose to increase your excess; this option is available at the quote screen. This is an amount you must contribute towards the cost of a claim. You can choose to increase your excess; this option is available at the quote screen.