⚖️ Excess vs Premium
Is a higher excess worth the cheaper premium?
A higher excess buys a lower premium. Whether that is a good trade depends on one thing: how often you claim. This works out the claim rate at which the two quotes cost the same.
- Figures reviewed October 2026
- Free, no account needed
- Your figures stay in your browser
What this means
Most households claim rarely, which is why a sensible higher excess usually wins on expected cost. The worst-case rows show the other side — the year you do claim, you pay the whole excess at once.
Important assumptions
Every figure on this page rests on these. Where one does not match your situation, the answer moves — sometimes a great deal.
- Both quotes cover the same risks with the same limits — compare like with like.
- Every claim is larger than the higher excess. Smaller damage you would pay yourself either way.
- Premiums stay flat over the period; any rise after a claim affects both quotes similarly.
Official sources
Where this tool applies a published rule, this is where the rule comes from. Check the source before acting on anything that matters.
- CCPC — Insurance
How excess, premium and cover interact, and what to compare.
Related checks
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CheckIreland is independent and is not affiliated with the Irish Government or any public body. This tool is general information built on published rules and typical costs — it is not financial, tax or legal advice, and it does not account for your individual circumstances. Confirm anything that matters with the relevant body or a qualified adviser before acting on it.