{"id":2752,"date":"2025-07-07T09:54:51","date_gmt":"2025-07-07T09:54:51","guid":{"rendered":"https:\/\/lawebdeseguros.com\/?p=2752"},"modified":"2025-11-16T21:25:44","modified_gmt":"2025-11-16T19:25:44","slug":"what-is-an-insurance-excess-and-how-does-it-work","status":"publish","type":"post","link":"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/","title":{"rendered":"What is an insurance excess and how does it work?"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<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\/what-is-an-insurance-excess-and-how-does-it-work\/#Franquicia_en_Seguros_que_es_como_funciona_y_donde_se_aplica\" >Insurance Excess: what it is, how it works and where it is applied<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#%C2%BFQue_es_una_franquicia_en_un_seguro\" >What is an insurance excess?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#%C2%BFDonde_se_aplica_la_franquicia_en_seguros\" >Where does the insurance excess apply?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#Seguros_de_coche_y_otros_vehiculos\" >Car 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-5\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#Seguros_de_responsabilidad_civil_RC\" >Liability insurance (CR)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#Seguros_de_comunidades_o_edificios\" >Community or building insurance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#Otras_franquicias_comunes\" >Other common franchises<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#Ventajas_y_desventajas_de_contratar_un_seguro_con_franquicia\" >Advantages and disadvantages of taking out insurance with an excess<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#Ventajas\" >Advantages:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#Desventajas\" >Disadvantages:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#%C2%BFComo_calcular_la_franquicia_en_un_seguro_a_todo_riesgo\" >How to calculate the excess on a comprehensive insurance policy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/lawebdeseguros.com\/en\/what-is-an-insurance-excess-and-how-does-it-work\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Franquicia_en_Seguros_que_es_como_funciona_y_donde_se_aplica\"><\/span>Insurance Excess: what it is, how it works and where it is applied<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you are thinking of taking out an insurance policy and you come across the term \"excess\", it is normal that you have doubts. Does it mean that you will pay less? In which cases is it convenient for you? In this La Web de Seguros article, we will explain what an insurance excess is, how it works, what types of insurance it applies to and what you should take into account before deciding. We will explain it to you in a simple, non-technical way, so that you can make an informed decision.<\/p>\n<section class=\"vc_cta3-container animacion-vc ai-play-skip\">\n    <div class=\"ai-play-skip cta_general vc_general vc_do_cta3 vc_cta3 CAT-VC vc_cta3-style-classic vc_cta3-shape-rounded vc_cta3-align-left vc_cta3-color-white vc_cta3-icon-size-xl vc_cta3-icons-left vc_cta3-actions-right wpb_animate_when_almost_visible wpb_fadeInDown fadeInDown vc_custom_canallas wpb_start_animation animated\">\n        <div class=\"vc_cta3-icons\">\n            <div class=\"vc_icon_element vc_icon_element-outer vc_do_icon vc_icon_element-align-left\">\n                <div class=\"vc_icon_element-inner vc_icon_element-color-white vc_icon_element-size-xl vc_icon_element-style- vc_icon_element-background-color-grey\" style=\"margin-right:10px;\">\n                    <!-- span class=\"fas fa-shield-alt icono-seguro\"><\/span -->\n                    <img decoding=\"async\" src=\"http:\/\/lawebdeseguros.com\/img\/logo_solo.svg\" alt=\"Logo\" style=\"width: 70px;\">\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"vc_cta3_content-container\">\n            <div class=\"vc_cta3-content\">\n                <header class=\"vc_cta3-content-header\">\n                    <p class=\"cta-heading h2\">What is an insurance excess and how does it work?<\/p>\n                <\/header>\n                <p class=\"cta_general cta-heading h3\">Understand how it affects your policy and choose the option that suits you best with no surprises.<\/p>\n            <\/div>\n            <div class=\"vc_cta3-actions\">\n                <div class=\"vc_btn3-container vc_btn3-inline\">\n                    <a class=\"cta_general vc_general vc_btn3 vc_btn3-size-md vc_btn3-shape-rounded vc_btn3-style-flat vc_btn3-color-green\" href=\"https:\/\/api.whatsapp.com\/send?phone=34659929495&#038;text=Qu%C3%A9+es+y+c%C3%B3mo+funciona+la+franquicia+en+seguros\" target=\"_blank\" id=\"ga_whatsapp\" rel=\"noopener\">\n                        <i class=\"fab fa-whatsapp\"><\/i> Request for information                    <\/a>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/section>\n\n<h2><span class=\"ez-toc-section\" id=\"%C2%BFQue_es_una_franquicia_en_un_seguro\"><\/span>What is an insurance excess?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The insurance excess is a fixed amount of money that, in the event of a claim, will not be covered by the insurer. That is to say, this part will be borne by you as the insured.<\/p>\n<p>For example, if you take out insurance with an excess of \u20ac200 and you have a claim with damage of \u20ac1,000, the company will only cover \u20ac800. The remaining \u20ac200 will be borne by you.<\/p>\n<p>This type of insurance usually has a lower premium precisely because the insured assumes part of the risk.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%C2%BFDonde_se_aplica_la_franquicia_en_seguros\"><\/span>Where does the insurance excess apply?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Seguros_de_coche_y_otros_vehiculos\"><\/span>Car and other vehicle insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It is in car insurance that the concept of excess is most frequently encountered. It tends to be applied mainly in comprehensive insurance, especially in the guarantee for <strong>own damage<\/strong>.<\/p>\n<p>The excess allows you to reduce the cost of the policy, but it also means that you will pay a part of the damage in each claim. Read the contract carefully and understand when it applies.<\/p>\n<p>In guarantees such as <strong>theft<\/strong> o <strong>fire<\/strong>In the case of motorbikes, the excess is less common, although it may be more frequent in motorbike insurance.<\/p>\n<h4>Practical example<\/h4>\n<p>Suppose you take out comprehensive insurance with an excess of \u20ac200. Your car suffers three damages:<\/p>\n<ul>\n<li>Front damage: 650\u20ac.<\/li>\n<li>Rear impact: 250\u20ac.<\/li>\n<li>Driver's door: 200\u20ac.<\/li>\n<\/ul>\n<p>The loss adjuster considers them as separate claims, and the excess is applied to each:<\/p>\n<ul>\n<li>650\u20ac - 200\u20ac = 450\u20ac (to be paid by the insurance company)<\/li>\n<li>250\u20ac - 200\u20ac = 50\u20ac (insurer)<\/li>\n<li>200\u20ac - 200\u20ac = 0\u20ac (all paid by you)<\/li>\n<\/ul>\n<p>Result: you will pay \u20ac600 and the insurer \u20ac500.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Seguros_de_responsabilidad_civil_RC\"><\/span>Liability insurance (CR)<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In the <a class=\"wpil_keyword_link\" title=\"civil liability insurance\" href=\"https:\/\/lawebdeseguros.com\/en\/civil-liability-insurance\/\" data-wpil-keyword-link=\"linked\">civil liability insurance<\/a>In the case of insurance, an excess is also common. It is often applied in the insurance of:<\/p>\n<ul>\n<li>Professional CR<\/li>\n<li>CR of communities<\/li>\n<li>CR for water damage<\/li>\n<li>CR of animals or machinery<\/li>\n<\/ul>\n<p>In these cases, if you cause damage to a third party and the insurance includes an excess, the insurer will deduct that amount from the compensation.<\/p>\n<h4>Another example<\/h4>\n<p>You have an excess of \u20ac300 on your liability insurance. You cause damage of \u20ac850 to a third party. The insurer will pay \u20ac550. You pay the remaining \u20ac300 directly to the injured party.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Seguros_de_comunidades_o_edificios\"><\/span>Community or building insurance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At <a class=\"wpil_keyword_link\" title=\"community insurance\" href=\"https:\/\/lawebdeseguros.com\/en\/general-insurance\/community-insurance\/\" data-wpil-keyword-link=\"linked\">community insurance<\/a>The franchise is very common, especially when the property is old. It is applied in guarantees such as:<\/p>\n<ul>\n<li>Water damage<\/li>\n<li>Troubleshooting and repair<\/li>\n<li>Liability<\/li>\n<\/ul>\n<p>The older the construction, the more likely it is that an excess will be included to reduce the cost of the policy.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Otras_franquicias_comunes\"><\/span>Other common franchises<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The franchise may also appear in:<\/p>\n<ul>\n<li><a class=\"wpil_keyword_link\" title=\"Home insurance\" href=\"https:\/\/lawebdeseguros.com\/en\/general-insurance\/home-and-home-insurance\/\" data-wpil-keyword-link=\"linked\">Home insurance<\/a><\/li>\n<li><a class=\"wpil_keyword_link\" title=\"Travel insurance\" href=\"https:\/\/lawebdeseguros.com\/en\/general-insurance\/travel-insurance\/\" data-wpil-keyword-link=\"linked\">Travel insurance<\/a><\/li>\n<li><a class=\"wpil_keyword_link\" title=\"Trade insurance\" href=\"https:\/\/lawebdeseguros.com\/en\/company-insurances\/trade-insurance\/\" data-wpil-keyword-link=\"linked\">Trade insurance<\/a><\/li>\n<li>Insurance for SMEs<\/li>\n<\/ul>\n<p>It must always be detailed in writing in the contract, whether in the particular or general conditions or in annexes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ventajas_y_desventajas_de_contratar_un_seguro_con_franquicia\"><\/span>Advantages and disadvantages of taking out insurance with an excess<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Ventajas\"><\/span>Advantages:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Reduces the price of the policy.<\/li>\n<li>Ideal for people with low accident rates.<\/li>\n<li>Protects you from large claims while maintaining a lower premium.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Desventajas\"><\/span>Disadvantages:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>You pay part of the damage in each claim.<\/li>\n<li>There may be multiple franchises per event.<\/li>\n<li>It is not always clear in which cases it applies.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"%C2%BFComo_calcular_la_franquicia_en_un_seguro_a_todo_riesgo\"><\/span>How to calculate the excess on a comprehensive insurance policy?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>There is no universal formula, as it depends on the type of insurance, company and conditions. Some insurers offer excesses from \u20ac150 to much higher figures. The higher the excess, the lower the price of the insurance.<\/p>\n<p>It is best to <strong>consult a specialist advisor<\/strong> who can help you find the best option according to your needs. At La Web de Seguros, we will guide you without obligation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The insurance excess is a useful tool to adjust the price of your policy, but you need to know exactly what it implies and when it is applied. From La Web de Seguros, we encourage you to review the conditions of your contract and consult us if you have any doubts.<\/p>\n<p>Remember that insurance is not just about price: it's about peace of mind, confidence and support. And that's what we're here for.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"vc_message_box vc_message_box-standard vc_message_box-rounded vc_color-warning\" ><div class=\"vc_message_box-icon\"><i class=\"fas fa-question-circle\"><\/i><\/div><p>\n<strong>Do you have doubts about your current insurance or do you want to compare coverage with excess?<\/strong> Get in touch with us through <a href=\"\/en\/contact\/\">lawebdeseguros.com<\/a> and we will help you without obligation.<\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row vc_row-fluid\"><div class=\"wpb_column vc_column_container vc_col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Find out what an insurance excess is and how it works. Will you pay less? When is it best for you? La Web de Seguros will answer your questions.<\/p>","protected":false},"author":2,"featured_media":2759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_joinchat":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-1","description-off"],"_links":{"self":[{"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/posts\/2752","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=2752"}],"version-history":[{"count":0,"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/posts\/2752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/media\/2759"}],"wp:attachment":[{"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/media?parent=2752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/categories?post=2752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lawebdeseguros.com\/en\/wp-json\/wp\/v2\/tags?post=2752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}