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What is the Insurance Excess?



What is the Insurance Excess?

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What is the Insurance excess?

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What is the Insurance Excess?

Applies to an insurance claim and is simply the first part of any claim that must be covered by yourself. This can range from £50 to £1000 or higher. Increasing your excess can significantly reduce your premium. On the other hand a waiver can sometimes be paid to eliminate any excess at all. Always check the excess in your policy.

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