Insurance excess!!

When you claim check what you pay!!!

As we all know the claim is to be paid by you when you make a claim on your insurance, that amount is known as excess amount. So, like if your excess amount is like $150 then every month you need to pay $150 as your claim.

Compulsory excess

Compulsory excess is amount which we set up that has to be paid by you whenever you claim if we talk about car insurance it’s usually $150.

Voluntary Excess

Voluntary excess is when you want to pay more than you claim, you can do that because it reduces your insurance cost cover. The extra amount which you can pay is up to $700, overall the higher you pay the lesser will be your monthly and yearly payments.

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