Research shows cash savings can be made with Excess Protection Insurance

Consumers are wasting hundreds of pounds in inflated insurance premiums and losing out on excess windfalls by failing to take out cover that reduces policy costs and pays excess fees. This is the view of insure4excess.com managing director Simon Vella, who recently researched what savings can be made by increasing excesses in motor, home and pet policies.

Insure4excess sourced online premiums from a variety of insurers, asking for building and contents quotes on a three-bedroom semi-detached home, comprehensive cover for a medium-sized family car and a policy for a five month-old border terrier. The excess protection provider found if motor and home excesses increased by £250, up to £85.77 could be saved, and a £100 hike in a pet excess reduced costs by up to £33.38.


According to the Association of British Insurers, one in 10 motor policyholders and one in 16 households will claim during the year. However, the recession has increased the likelihood of motorists falling victim to staged accidents - the insurance industry reports high levels of personal injury claims and fraudulent activity. The impact on motorists are higher premiums and an increased probability of being involved in an incident.

More about this HERE