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Voluntary Excess on Motor Insurance

You can make significant savings on your motor insurance premiums with a voluntary excess on your motor insurance policy. Excess is the amount of money that you have to pay before your insurer will meet the rest of a claim. With all policies there will be a minimum level of excess that everyone will have to pay but by stipulating a higher level of voluntary excess you can receive big reductions on your motor insurance policy costs. When considering the benefits of a voluntary excess you should remember that in the event of a claim you would have to pay out more that you would do usually.



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