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Guide to different categories of dog insurance excess

As with most insurance policies, if you are looking to take out dog insurance, you will be told that an excess will apply to each section of the policy. But what does that actually mean?

‘Excess’ refers to the extra amount you will be expected to pay if you make a claim.

The amount will vary between insurers because different providers calculate this sum in different ways. Here is a quick guide:

  • Fixed excess – This is a flat rate charge, irrespective of the size of the claim you are making. So if the excess is a fixed fee of £150 then whether your claim is for £5,000 or £10,000, you will simply have to pay £150.
  • Percentage excess – This type of dog insurance excess rises in proportion to the size of the claim. So if the excess is five per cent of any claim and you are making a £10,000 claim, you would have to pay £500. If the claim was for £5,000 you would pay £250.
  • Annual excess – An annual excess can apply to specific conditions on long term cover for when treatments, and therefore claims, could overlap different years of the policy.
  • Variable excess – This type can differ depending on where you live or how old your dog is. If you live in an area which the insurer considers to be a high risk for pet injuries or illness, you may have to pay an excess. Also, if your pet is over a certain age a variable excess may apply because it is more probable that an older dog will need medical care than a younger one.

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