AAMI Third Party Property Damage Car Insurance Policy

About excesses

Excesses

An excess on your policy is the amount you have to pay towards each claim. If your claim is for more than one occurrence, the excess/es applicable to each occurrence will be payable.

When one or more excesses apply to your policy, they will be shown on your insurance schedule and updated on your renewal notice. If required by us, you must pay your excess before we make any payment or provide you with any policy benefits.

The types of excesses are:

Standard	This is the basic excess you must contribute towards each claim.
Age	This excess is additional to the standard excess if your car was being driven by a person in the age ranges specified on the most recent of your insurance schedule and renewal notice.
Inexperienced driver	This excess is additional to the standard excess if your car was being driven by a person to whom an age excess does not apply, but who has held a driving licence for less than two years.
Additional	This excess may be imposed in special circumstances, for example on high performance cars. It is payable in addition to any other excesses.