Your selected question and answer
Question:
Will I have to pay an excess if I make a claim?
Answer:
An excess is the part of a claim you have to pay from your own pocket. With Tesco Pet Insurance the excesses are:
- The first £50 of a claim for vets fees for cats
- The first £60 of a claim for vets fees for dogs
- The first £250 of a claim for third party liability for dogs
When you get a quote you can choose to increase your excess to reduce your monthly payments.
One of the main purposes of an excess is to prevent people from claiming for minor ailments that only cost a small amount but cost insurance companies a lot in time and money to process. Without an excess claims would increase dramatically and, ultimately, the cost of insurance would have to rise. Charging an excess means that insurance companies can keep the cost of insurance premiums lower, making them more affordable.
