An excess is a fixed amount you have to pay if you decide to make a claim on your policy. Our standard excess is €250. Opting to pay a higher excess of €500 or €1,000 could lower your home insurance premium.
If you’re looking to reduce the cost of your home insurance policy, you should look at what your excess is and consider paying a higher excess to lower the cost. Your excess is a fixed amount that you’ll pay out if you make a claim. For example if your excess is €250 and you make a claim for €1,000, your insurer will pay out €750.
Terms, conditions and underwriting criteria may apply.