AAMI Motorcycle Third Party Property Damage 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.

The excesses that apply to your policy are shown on your insurance schedule and updated on your renewal notice. They are also described in our AAMI Third Party Property Damage Motorcycle Insurance - Premium, Excesses & Claims Guide. When you make a claim we may require you to pay the excess(es) before we make any payment or provide you with any policy benefits, or we may deduct the excess(es) from any payment we make. We will tell you when and how the excess(es) are to be paid or deducted.

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 bike was being ridden by a person in the age ranges specified on the most recent of your insurance schedule and renewal notice.
Additional	This excess may be imposed in special circumstances, for example on high performance bikes. It is payable in addition to any other excesses.
Inexperienced rider	This excess is additional to the standard excess if your bike was being ridden by a person to whom an age excess does not apply, but who has held a motorcycle licence for less than two years.