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Whats the difference between an excess waiver and a double excess?

April 26, 2017double excess waiver

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Whats the difference between an excess waiver and a double excess?

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If you choose to waive your excess, you pay an extra premium to ensure that theres no excess deducted from any claims payment. If you choose to double your excess, youll get a 10% discount off your premium but remember that youll have to pay double the excess amount in the event of a claim.