Check Your Excess On Your Policy

This post is your Exless daily reminder to double-check and read your insurance excess coverage. There are different types of excess that your insurance policy can cover.

✱Standard
✱Voluntary

Most insurance policies have standard excess or voluntary excess coverage. Where standard excess applies to every claim, and the voluntary excess will be chosen by you and can reduce any premium claim. Choosing a higher voluntary excess may help to bring down the cost of your insurance premiums because the insurer won't have to pay out so much in the event of a claim.