Your selected question and answer
Question:
What is a home insurance policy excess?
Answer:
This is the part of the claim that you have to pay – the insurer covers you for the remaining amount. Your claims consultant will inform you of the amount of the excess applicable for your claim and details can also be found in your Policy Schedule.
The amount of policy excess will be deducted from the settlement of your claim.
- I am a landlord does Tesco Home Insurance cover my buy to let property?
- What happens after I make a claim on my home insurance?
- Will my premium increase at the next renewal date if I make a claim on my home insurance?
- How do I get a home insurance quote?
- Do you cover properties in Republic of Ireland?
