For example if damage to your car costs 1000 and your excess is 300 you will pay 300 and your insurer will pay 700 or if your excess is 400 your insurer would pay 600.
Standard excess car insurance. Car hire excess cover is a policy which shares similarities withtravel insurance in that you either buy it as a single or annual policy you may wish to consider an annual policy if you hire cars regularly or are hiring for more than 14 consecutive days. You only pay the excess for your losses and when youre at fault. Buy cover online today.
If you need to make a claim on your car insurance the excess is the amount you agree to pay towards the claim. Ad Compare Car Insurance at MoneySuperMarket. The amount differs from driver to driver and will depend on a variety of factors such as the make and model of car you drive where its stored when its not on the road your age and how long youve been driving for.
Its made up of two parts - compulsory and voluntary. Ad Compare up to 120 quotes here. What is car insurance excess.
In a nutshell your excess is a fixed amount that you have to fork out if you make a claim. What UK insurance policies charge an excess. Buy cover online today.
The reason for this unavoidable excess is to dissuade people from making fraudulent claims on their policies. The amount of the excess varies from one rental provider to the other however it is usually between 500 and 2000 per vehicle it can be even more on high-value vehicles. It will cover the cost of the excess you pay if you make a claim against your car insurance.
Ad Come Direct To Direct Line For A Car Insurance Quote You Cant Get Anywhere Else. Ad Compare Insurance Quotes For A Range Of Cover Types With Compare The Market. The standard excess amount is 150 for customers who bought their policy directly from Co-op Insurance and for customers who have our Ecoinsurance usually bought through a price comparison website.