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If you have a car insurance excess of 500 does that mean you pay for the first 500 or that you pay 500 regardless?
Danielwilkins
the excess is how much you pay, anything over that is paid by the insurance company. So for a 1000 pound billyou would pay 500 and they would pay 500
Wiki User
∙ 13y ago
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What does Excess applies each and every claim mean in an insurance policy?
Excess applies
What does compulsory excess mean on car insurance?
How much you have to pay if you make a claim on your insurance i.e if your car costs £750 to repair and your excess is £250 the insurance company will only pay £500
What is excess insurance mean on an subcontractors insurance?
The term 'excess' insurance is usually for liability coverage. An excess liability policy is also commonly referred to as an 'umbrella' policy because it offers additional coverage over other liability coverages. In the case of a subcontractors insurance, it would be a policy which would extend higher limits than the base policy on general liability and auto liability.
What does primary and non contributing really mean in regards to general liability insurance coverage?
It means that whoever states their insurance is Primary, it's really Primary regardless of who is at fault. For example, the subcontractors insurance is usually primary over the GCs insurance. This means that if the sub has a claim and in all reality it's the GC's fault, but the sub listed their insurance as primary, then the subs insurance is paying first no matter what. Primary means just that, the insurance listed is PRIMARY, regardless of fault. www.mac2insure.com
What does proposer excess mean when quoting for cars?
Proposer excess means the amount the insured has to pay towards the cost of any insurance claim. The proposer is the insured or policyholder.
Should you have to pay excess for an accident unmistakenly caused by someone else?
what do you mean by excess? if you mean your deductible if your collision coverage is used regardless of fault you will be deducted your deductible....i need more info/details and i could be of more assistance please...
Does regardless mean mean?
No, regardless does not mean mean. The meaning of "regardless" is similar to "nevertheless" and "anyway." Example: I gave him money, regardless of the fact that he had never paid me back in the past.
What does the term excess in travel insurance mean?
In the USA excess usually means that the benefits are over and above any other insurance that you might have in your primary policy, For example, a homeowners policy may provide a stated benefit for lost luggage while traveling. For an additional premium, you may be able to buy an excess travel policy that provides benefits for an additional amount of coverage for the same type of loss.
What does the road of excess leads to the palace of wisdom mean?
What does the road of excess leads to the palace of wisdom mean?
What collision damage waiver with no excess mean?
collission damage with no excess
What does regardless mean?
"regardless" has a meaning of "instead of' or "no matter where or what"
What does mean by marine insurance?
what does mean marine insurance
