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* Savings between $0 to $320 derived from premium comparisons between Everyday Comprehensive car cover option and Drive Less Pay Less option. Calculations based on profiles of existing Everyday Car Insurance customers who advised they drive under 15,000 km annually. Current as at 06 March 2024. Actual savings are determined by your individual circumstances, including the kilometres selected, excess chosen and other risk factors. Minimum premiums may reduce savings. Kilometres can be increased during the policy period, an additional premium is payable. In event of accident and end odometer reading exceeded, additional excess applies.
Understanding excess in car insurance
What is a car insurance excess?
An excess is the amount of money you pay or contribute towards a claim you’ve made. Depending on the type of car insurance policy you have, there is a basic excess, and there might be other additional excess(s) listed on your Certificate of Insurance.
An excess helps contribute towards the cost of repairing, fixing, or replacing an insured vehicle. The cost of your excess may vary depending on the type of car you drive, your age, your driving experience, and your premium.
