Excess Reduction Insurance

Excess Reduction Insurance reducing the level of standard Policy Excess you are responsible for by the reduction cover amount.

Most insurance policies include an Excess amount - this is the first part of any claim cost that the insured is responsible for. If you want to remove that financial burden, you can take out an additional insurance policy that reduces the accident Excess amount and covers you financially in the event of this situation occurring. 

How it works

Your motor policy has, for example, a £500 Excess as standard. You want to reduce that Excess amount to a more affordable figure. You take out an Excess Reduction policy covering £300, which leaves you responsible for the more affordable amount of £200, should a claim occur.


£500 Excess (standard policy excess)  -  £300 Excess Reduction policy  =  £200 Excess remaining

When would I be responsible for paying my policy Excess 

  • Any incident irrespective of blame
  • Your vehicle is damaged by fire
  • Your vehicle is stolen and not recovered

Situations that are not covered

  • You must report the claim to the 'Excess Reduction' Insurance Company within 30 days, or your claim will not be accepted
  • Any additional excesses applied or betterment
  • there is no cover for personal effects or audio equipment claims


Policy Wording & Insurance Product Information Document

View a copy of the Excess Reduction Insurance Policy Wording

View a copy of the Excess Reduction Insurance IPID


This policy cover has been arranged with Universal Insurance Company (Guernsey) Ltd. Ramasis Limited is connected for the purposes of the Insurance Companies Regulations 1994 to Universal Insurance Company (Guernsey) Ltd who is authorised and regulated by the Guernsey Financial Services Commission.