Car insurance doesn’t always allow you to claim a full value depending on the premiums you purchased along with it. Accidents that happen often require you to shell out some funds from your own pocket, which is what you call your excess. 

Nobody wants to get into accidents, and whether or not the accident is your fault, spending money will be a burden. Not everyone has the means to pay hundreds or thousands of pounds without taking a dent to their finances. When it comes to insurance policies and adding on car excess for your private vehicle, you’ll thank yourself when the time comes, as it’s always better to be safe than sorry.

Car Excess Insurance Fast Facts

For those wondering about the ins and outs of car insurance, the excess is the amount of money you will be paying to make a claim. The money is typically from your personal account, and with excess, you will only pay it if you are responsible for the accident. Payment usually goes to the insurer who is paying for the repairs for each party, if applicable. 

Car excess consists of two organs. The first is the compulsory type, and the second is the voluntary one. The former is set by the insurance company, which is a payable amount in the event of a claim, while the latter is an optional amount to reduce prices of insurance premiums. Carefully checking your policy will show you the proper breakdown of amounts, so be sure to analyse any private car excess insurance policy you buy. 

What Amounts Do You Need to Pay?

The total payment is calculated by adding both car excess policy organs together. For example, if you have a compulsory amount of £400 and you add the voluntary excess of £500, you will be required to pay £900 for claims. 

If you are already insured by a company, checking your policy documents and running through with your broker will show you what is included and what is excess. For those looking for cover, it helps to check compulsory excess before adding voluntary ones when applying for a new policy. 

Car Excess Insurance for Young Drivers

Younger drivers are often regarded as novice drivers that lack the proper experience to get on the roads and drive safely. While this is not true for many young drivers, statistics have shown otherwise, creating the need for this kind of policy. This notion means that insurance companies offset this risk by increasing the excess needed to make a claim. 

Some insurers charge around £400 for drivers under 21, and all other drivers that have passed the age of 25 might only pay £150. 

What Happens When the Excess Is Unaffordable?

Without the proper funds to pay for private car excess insurance, insurers may refuse claims or deduct amounts from what they pay to the shop repairing the cars. An example is if the claim is around £3,000, but the excess of £350 is not affordable. In that case, insurers will only pay the remaining £2,650. You will then have to make arrangements to pay the shop the outstanding amount. 

Is It Possible To Insure Against Excess?

Excess can be insured against if you apply for a separate policy that covers costs. These policies will still require upfront payment for accident claims, but insurance companies will likely reimburse this amount. Fortunately, it’s easy to upgrade your plan without having to pay much difference, though it depends on the company that offers the insurance.


Insurance policies can make a difference in recuperating costs after an accident, and having a proper private car excess insurance plan in place helps with any mishaps that occur while driving. In terms of insurance and other emergency goods, it is always better to have it and not need it than to need it then not have it. 

Goodbye Excess is the premium car excess insurance service in the UK that levels the playing field for those who are frequently on the road. Keep your finances safe by always preparing for the unexpected and get an excess plan for your fleet vehicles, private cars, and motorbikes. Contact us to know more about the process of applying.