What Is Compulsory And Voluntary Excess In Car Insurance

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The voluntary excess is the amount you volunteer to pay in the event of an accident. Similarly lowering the excess will increase the cost of your car insurance.

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If you take out Excess Protect Cover with your car insurance you can:. Does Excess Protect cover my voluntary excess AND my compulsory excess?

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If you are concerned about paying your car insurance excess in the event of a claim then excess insurance might be right for you.

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What Does Excess Mean on Car Insurance?What is a voluntary excess? – AXA.ie – AXA Insurance – The voluntary excess is the amount you volunteer to pay in the event of an accident. Similarly lowering the excess will increase the cost of your car insurance.

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Deborah Vickers, channel director at moneyguru.com said: "Excess on car.

Deborah Vickers, channel director at moneyguru.com said: "Excess on car.

Compulsory excesses may vary between insurance companies. Voluntary drivers (for charities or non-profit organisations).

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When setting up your policy you will have been advised of any compulsory excess, in addition to any voluntary excess you selected. This is the amount you have.

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Many policyholders struggle to understand what an insurance excess is. They don’t understand why they have to pay this and especially how they can get their

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Vehicle insurance (also known as car insurance, motor insurance or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles.

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