Frequent Questions
 |
Car insurance quotes online, or by phone |
|
Policies for provisional or first time drivers |
|
UK based call centres |
What are the different types of excess?
An Excess is the cost that you bear which would need to be paid to the insurer before they deal with the remaining amount of the claim.
All polices normally have an excess but if you pay a higher excess you will probably make savings on your policy. 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.
Compulsory excesses are applied to a policy and are based on the age excess and standard excess. You may also have an excess should you be a less experienced driver.
The excesses can apply to either/or accidents and theft and can work out to be quite complicated.
Typically a scale of excesses looks like this;
| Age |
Fire & Theft |
Damage |
| 17-20 |
100 |
350 |
| 21-24 |
100 |
250 |
| 25+ |
100 |
100 |
However this is only a basic set up. If you have a high risk car such as a sports car, imported car or a modified car, then additional excesses may apply. Furthermore inexperienced drivers (insurers normally regard people with a provisional licence or a driving licence for less than a year) also often suffer an additional compulsory excess on the table above. Normally this penalty is £100.
If you take a voluntary excess this would also add to the excesses in the table above.
<<< back |
