A standard excess applies to all motor insurance claims unless stated otherwise in your Product Disclosure Statement PDS.

What is standard excess for car insurance. The total amount that your excess insurance will cover varies depending on the amount agreed between you and then insurer. The standard excess ranges from 600 to 2200 depending on your state and what you selected when you bought or renewed your policy if you hold a Comprehensive car insurance policy with us. In a nutshell your excess is a fixed amount that you have to fork out if you make a claim.

Save time and add Excess Reduction when you book online or via the app today. This is standard across all AAMI policies unless otherwise stated in your PDS. When you fill out a quote your excess will usually default at.

Simply put your car insurance excess is the out-of-pocket amount you have to pay when making a claim with your Insurer. You can choose to reduce this excess amount to zero or increase it to up to 1500. This reduces the renters liability from the standard excess to a reduced amount as seen in the table below.

Your excess can be found in your Insurance Schedule. Heres a list of the main different types of car excess you may come across. With third party fire and theft cover the standard excess is 250.

Total excess is the combined amount of compulsory excess and voluntary excess that youll need to pay towards any claim you make during your active policy period. The standard excess is the amount you pay for any claim for loss of or damage to your car. Excess Reduction is capped at 10 days per 30 day rental.

Standard driver excess. What is the standard excess for car insurance. A voluntary excess applies to all claims in addition to your standard excess.