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Compulsory excess, also called the basic or standard excess, is a fixed amount the insurer sets for a policy. You must pay this amount toward every claim, and the insurer will not negotiate it. Extra excesses may apply if a young driver or an unlisted driver was driving when the incident happened.
Compulsory excess, also called the basic or standard excess, is a fixed amount the insurer sets for a policy. You must pay this amount toward every claim, and the insurer will not negotiate it. Extra excesses may apply if a young driver or an unlisted driver was driving when the incident happened.
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