When it comes to making a claim on your car insurance, you could be in for quite a shock if your excess is high. While increasing your voluntary excess can result in cheaper car insurance, setting it too high can make it unaffordable to even claim in the first place. It’s all about finding the right balance.
However, if you’re concerned about being able to afford to claim, excess insurance can be very useful. For just a few extra quid a month, you won’t have to worry about paying any excess as this will now be covered by your insurance provider.