Insurance excess

**shippers** · 16th April 2008, 12:42

When i renew my insurance policy i usually put the excess to around £300 as i would rather risk paying more excess to get a lower renewal price.

What do others do?

**steve** · 16th April 2008, 12:53

opposite for me i lower the excess as much as poss and pay the extra in renewal.. i had a bumo once and hated forking out the excess so ever since then its kept low

**Dwabo** · 16th April 2008, 12:58

depends on what the policy price is compared to the one i am renewing it against.. i usually tend to go for a lower xs, but always up it and lower it to see what difference it makes in the policy..

**Electric Blue** · 16th April 2008, 13:00

Same here lowered my excess as much as poss..

EB

**Steel** · 16th April 2008, 16:36

I just changed my insurance from Norwich Union to M&S premier, saved £180.00 got RAC Homestart cover included and reduced my excess from £320.00 to £150.00 at the same time, pays to shop around a bit.

**shippers** · 16th April 2008, 20:57

I must be

then as i like a low policy and if i have to claim then i pay the price.

**m8internet** · 16th April 2008, 21:03

I get as many quotes as I can for various excesses
I prefer to pay as little as possible with as small an excess as possible, preferably a nil excess

Last year I managed to get :
£730 with a £300 excess (£150 accident, £60 glass)
£730 with a nil excess (£150 accident, £50 glass)

Don't just compare the price, but the entire package

**shippers** · 16th April 2008, 21:21

Just done a check on directline the difference between nil excess and £350 is a saving of per year of £70,I have been claim free for 10 years (touch wood) so im up by £700 .