what is it with insurance excess?

[kwak zzr]

after my bump my excess has gone to £500!!!!!!!!!!!!!!!!! this is with the cheapest company i can find BENNETTS. The excess only comes down if i pay loads more for the insurance:mad: so what do you do? pay more for the policy or accept high excess?

[squirrel_hunter]

I've always gone for the higher excess and a cheaper policy.

The excess is there to discourage you from making a claim rendering having the insurance pointless. If you make a claim insurance will cost you more. If you don't make a claim your insurance will cost you more. And people wonder why there are so many uninsured drivers out there...