There are two types of excess on an insurance policy;
The first is a compulsory excess which is set by your insurer and is non-negotiable. The total compulsory excess can vary dependent on a number of factors, such as the policy type, your vehicle or your age.
The second type of excess is voluntary excess which you can choose when you are purchasing your policy, and the voluntary excess you choose may influence your total premium price.
Your total excess will be the compulsory excess and your voluntary excess combined, which is the amount you would need to pay in the event of a claim. For example, if your policy has a compulsory excess of £200 and a voluntary excess of £200, you would need to pay £400 towards the costs of the claim.
Before purchasing your policy, you should always consider whether you can afford the total excess should you need to make a claim.