Select the policy excess for your equipment cover (accidental damage and theft from the home)
An excess is the amount of money you pay towards a claim for loss of or damage to your equipment. The standard policy excess for this cover is £150 or 7.5% of any claim, whichever is the highest. You can choose to amend this to an amount that suits you. A higher excess will mean a lower premium but more to pay if you have a claim. If you have selected theft from a vehicle cover, you will have a separate excess for that cover. See below for explanation.
Theft from a vehicle excess
As the risk of theft from a vehicle is higher than from home, the excess for this cover can be slightly higher. The excess you choose above will determine the level here. £150 or 12.5% of the claim value is the standard excess.