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Voluntary excess on car insurance

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Comments

  • Quote
    Quote Posts: 8,042 Forumite
    Quentin wrote: »
    You don't seem to have grasped the idea here.
    I understand the idea completely. I just think it's a shit idea.

    You can get TPFT with glass cover.
    Comprehensive cover gives you the opportunity to make a claim.
    An excess higher than the value of the vehicle removes this opportunity.

    Whether the PH intends to make a claim or not shouldn't be the only consideration here. Especially when we only know the saving being made, and not the total cost of the insurance.
  • dacouch
    dacouch Posts: 21,636 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's using the loophole that comprehensive can often be about the same price as TPF&T and with the bigger excess can often mean the comp price is cheaper than the TPF&T price. The bonus being you get windscreen cover on what in effect is a TPF&T policy
  • Quote
    Quote Posts: 8,042 Forumite
    HeadBang.gif

    Nunnight.
  • Quentin
    Quentin Posts: 40,405 Forumite
    Seems only Quote is marching in step?????
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