GUEST OPINION: When you hear about your car insurance, the word "excess" might come to mind; often, most motorists wonder what excess means. Knowing what this means and how it impacts your policy is ...

Defining Car Insurance Excess You must be thinking: what is the excess in car insurance? Essentially, it is the initial amount that insurance policyholders consent to pay out of pocket when filing a ...

Using car insurance as an example, an excess is a standard amount that you need to pay when your insurer settles your claim.