Do you pay excess every time you make a claim?

When you make a claim, you have to pay compulsory and voluntary excess. When you add them together, you get your “total excess”. This is the number that matters. When you make a claim, this is what you’ll have to pay.

Do you pay excess for damage to other car?

Do I have to pay my car insurance excess if someone claims against me? No, the excess – both voluntary and compulsory – is the amount you pay towards your own claim or repairs, so you won’t have to pay the excess if a third party is claiming against you.

Do I have to pay excess if I don’t claim for my car?

An excess is the amount you pay towards your own repairs or claim, so you don’t have to pay an excess for a third party’s claim. Also, if you don’t claim for your own damage, you don’t pay an excess either.

Can I claim my insurance excess back?

If you were in an accident and it wasn’t your fault, there’s a chance you may be able to get your excess back or at least a portion of it. However, only your insurance company can recover this money; you can’t go directly to the guilty party yourself.

What if my insurance claim is less than the excess?

A reward for not claiming One of the benefits of not making a claim when the cost of your repairs is less than your excess, is that you get to keep your No Claim Bonus. A No Claim Bonus is a discount you could earn on your insurance premium for being claim free.

What is an excess on a car insurance claim?

An excess is an agreed amount of money that you the client is liable to pay in the event of a car insurance claim being settled. I.e. If your excess on your car is R3,000.00, and the damages amount to R50,000.00 the insurer will pay the remaining R47,000.00 once you the client has paid your excess to the repairer.

How does voluntary excess work on car insurance?

Some policies also allow you to add a further car accident voluntary excess, reducing the cost of your insurance. You will pay the excess in the event of any claim you need to make against your insurance policy. This is regardless of whether or not you were to blame for the accident.

Do you have to pay excess on auto repair?

The excess is paid to the garage on collection, if its an insurance arranged repair. If he goes elsewhere, and makes no cliam, theres no excess. Simples way out is simply to ask for the excess receipt. If it doesnt get paid to the garage, there is no excess.

When do I have to pay excess for an accident?

When you have to pay an excess for damages arising from an accident, it is irrelevant who was to blame for the accident, this serves to deter customers from submitting minor claims and/or fraudulent claims, and keeping premiums down. An excess is an agreed amount…

Do you have to pay excess if you dont make a claim?

If you don’t make a claim but a third party does, and we pay out, you don’t have to pay your excess. If you claim for damage to your vehicle the excess is always payable. The only way your excess can be waived is if the third party insurer admits liability (this is specific to Admiral and may be different with other insurers).

Can a car insurance excess be waived by a third party?

The only way your excess can be waived is if the third party insurer admits liability (this is specific to Admiral and may be different with other insurers). If it’s proven the accident was the other person’s fault and we recover the full cost from their insurer, the excess is refunded, so you don’t lose out.