What does compulsory excess mean on car insurance?

Answer How much you have to pay if you make a claim on your insurance i.e if your car costs £750 to repair and your excess is £250 the insurance company will only pay £500

Top Q&A For: What does compulsory excess mean on car insurance

What does the term excess in travel insurance mean?

Answer In the USA excess usually means that the benefits are over and above any other insurance that you might have. In practice it means that you first must submit your claim to your primary insur... Read More »

What does excess clause mean?

sometimes an insurer will offer the insured a lower premium if the insured agrees not to seek compensation for amount under lets say 200 euro.

What does excess protein in the kidney mean?

Excess protein in the kidneys is diagnosed through urinalysis and is a condition known as Pproteinuria. This condition tells doctors that, for some reason, your kidneys are not functioning efficien... Read More »

Why does a homeowners association need an umbrella and excess liability insurance?

Umbrella & excess provides increased limits of liability at a greatly reduced premium as compared to the general liablity policy. The theory is that the GL policy is the "working layer" for most cl... Read More »