{"id":2334,"date":"2025-06-26T08:37:25","date_gmt":"2025-06-26T08:37:25","guid":{"rendered":"https:\/\/lawebdeseguros.com\/?p=2334"},"modified":"2025-10-18T10:23:50","modified_gmt":"2025-10-18T08:23:50","slug":"insurance-excess","status":"publish","type":"post","link":"https:\/\/lawebdeseguros.com\/en\/insurance-excess\/","title":{"rendered":"Insurance Franchise"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Contents\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #0a225d;color:#0a225d\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #0a225d;color:#0a225d\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/lawebdeseguros.com\/en\/insurance-excess\/#Franquicia_en_Seguros\" >Insurance Franchise<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/lawebdeseguros.com\/en\/insurance-excess\/#Seguros_de_Automovil_y_otros_vehiculos\" >Motor and other vehicle insurance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/lawebdeseguros.com\/en\/insurance-excess\/#Seguros_de_Responsabilidad_Civil\" >Civil Liability Insurance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/lawebdeseguros.com\/en\/insurance-excess\/#Seguros_de_Edificios_o_Comunidades_de_Propietarios\" >Building or Community of Owners Insurance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/lawebdeseguros.com\/en\/insurance-excess\/#Otras_franquicias_en_seguros\" >Other insurance franchises<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Franquicia_en_Seguros\"><\/span>Insurance Franchise<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>franchise<\/strong> in insurance is nothing more than <strong>a share of deductible money<\/strong> by the insurer on a possible indemnity resulting from a claim, and which shall be borne by the insured. <a href=\"http:\/\/www.arpem.com\/seguros\/s_lpn\/importante\/franquicias\/franquicias_p.html\" target=\"_blank\" rel=\"noopener\">.<\/a><\/p>\n<p>It implies, therefore, that the insured will have to pay that amount, either by not receiving it or by being obliged to pay it to a possible injured party.<\/p>\n<p><!-- IMAGEN 1: Franquicia-Seguros-300x199.jpg --><\/p>\n<p>The insurance excess is usually applied in different types of insurance and guarantees, and generally means an improvement in the price of the insurance contracted, since the insured will participate in the economic consequences of a possible claim.<\/p>\n<p>Below, we detail the <strong>most common types of insurance and guarantees that may contain excesses<\/strong>:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Seguros_de_Automovil_y_otros_vehiculos\"><\/span>Motor and other vehicle insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Attention should be paid to the application of franchises in the guarantees of <strong>theft and\/or fire<\/strong>. Although not very common, some insurers do apply them, especially in motorbike insurance.<\/p>\n<p>On the contrary, it is very frequent in the guarantee of <strong>own damage<\/strong> o <strong>all risks<\/strong>. In these cases, there is usually an improvement in the price of the insurance, but it is important to understand how the excess is applied to avoid surprises.<\/p>\n<p>The price of comprehensive insurance with excess also depends on the amount of the excess. The higher the excess, the lower the cost of the insurance.<\/p>\n<p>For example, imagine that you take out comprehensive insurance with an excess of \u20ac200 per claim.<\/p>\n<p>A few months later, your vehicle suffers various damages: scratches on the rear bumper, damage to the driver's door and a collision with another vehicle for which you were at fault. You decide to report the damage to the insurance company to repair all the damage. The total value is:<\/p>\n<p>Damage to the front: 650 \u20ac.<br \/> Rear bumper damage: 250 \u20ac.<br \/> Damage to driver's door: 200 \u20ac.<br \/> Total: \u20ac1,100<\/p>\n<p>It would be easy (and wrong) to think that you will pay only \u20ac200 and the insurer \u20ac900. However, the loss adjuster will determine the number of claims and applicable deductibles. Generally, each damage is treated individually:<\/p>\n<ul>\n<li>Damage to the front: 650 \u20ac - <strong>Policyholder's share: \u20ac200<\/strong>, <strong>insurer: \u20ac450<\/strong>.<\/li>\n<li>Rear bumper: 250 \u20ac - <strong>Policyholder's share: \u20ac200<\/strong>, <strong>insurer: \u20ac50<\/strong>.<\/li>\n<li>Driver's door: 200 \u20ac - <strong>Policyholder's share: \u20ac200<\/strong>, <strong>insurer: \u20ac0<\/strong>.<\/li>\n<\/ul>\n<p>Final result: <strong>insured pays \u20ac600<\/strong> (200 + 200 + 200), <strong>insurer \u20ac500<\/strong> (450 + 50).<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Seguros_de_Responsabilidad_Civil\"><\/span>Civil Liability Insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Franchising in <a class=\"wpil_keyword_link\" href=\"https:\/\/lawebdeseguros.com\/en\/civil-liability-insurance\/\" title=\"civil liability insurance\" data-wpil-keyword-link=\"linked\">civil liability insurance<\/a> is common. Not so much in compulsory insurance, but it is important to know if the insurance contracted includes it, and in what amount.<\/p>\n<p>It is very common in professional liability insurance, general, for dangerous dogs, for water damage in communities, for horses, for machinery, etc.<\/p>\n<p>In these cases, although the insurer deducts the excess from the compensation, the injured party is usually a third party. Therefore, the insured person must pay the part that the insurer does not cover.<\/p>\n<p>For example: if your insurance has an excess of \u20ac300 and a third party claims a damage valued at \u20ac850, the insurer covers \u20ac550 and you must pay the remaining \u20ac300 to the injured party to complete the compensation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Seguros_de_Edificios_o_Comunidades_de_Propietarios\"><\/span>Building or Community of Owners Insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Franchising in <a class=\"wpil_keyword_link\" href=\"https:\/\/lawebdeseguros.com\/en\/general-insurance\/community-insurance\/\" title=\"community insurance\" data-wpil-keyword-link=\"linked\">community insurance<\/a> is also frequent, especially in the case of water liability and water damage guarantees (search, location and repair of the damage).<\/p>\n<p>It is particularly applicable when the building is of a certain age. It is less common in new buildings, but is always offered as an option to reduce the cost of insurance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Otras_franquicias_en_seguros\"><\/span>Other insurance franchises<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In addition to the above cases, insurers may apply deductibles in many other guarantees.<\/p>\n<p>They can also be found in <a class=\"wpil_keyword_link\" href=\"https:\/\/lawebdeseguros.com\/en\/general-insurance\/home-and-home-insurance\/\" title=\"household insurance\" data-wpil-keyword-link=\"linked\">household insurance<\/a>travel, commerce, SMEs, etc.<\/p>\n<p>These franchises must always be in writing, either in the Special Conditions, in the General Conditions or in annexes to the contract.<\/p>","protected":false},"excerpt":{"rendered":"<p>The insurance excess is the amount that the insured assumes in the event of a claim. It reduces the insurance premium, but also the compensation received, and is applied in car, liability, home and community insurance.<\/p>","protected":false},"author":2,"featured_media":2337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_joinchat":[],"footnotes":""},"categories":[20],"tags":[],"class_list":["post-2334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-terminos-frecuentes","category-20","description-off"],"_links":{"self":[{"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/posts\/2334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/comments?post=2334"}],"version-history":[{"count":0,"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/posts\/2334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/media\/2337"}],"wp:attachment":[{"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/media?parent=2334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/categories?post=2334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/tags?post=2334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}