Excess

[GeeUK]

Hi all.
Ive got a quote from Liverpool Victoria and my total excess in the case of claiming in an accident is £500. I think £250 in volentary on top of the excess you have to pay when you claim.
My question is, if I bump my car and there is £400 worth of damage, does that mean I would be paying all of the money for the repair work??
If so, whats the point of bein gin sured...in a way!!

And while we are on the subject, what are Liverpool Victoria like for mods?
Thanks all

 

[172mgw]

ok, u would only need to pay£400, or wotever the amount, so in a way, u r paying for the damage yourself, the insurance company will only pay out after the cost goes over £500! as for l&v, i honestly dont know m8, i have never had any dealings with them!

 

[GeeUK]

OK, thanks for that. So there would be no point even letting the insurance company know! Might go against my no claims!