An excess in insurance is the amount of money that the policyholder must pay towards any claim made on their insurance policy. The insurance company then pays the amount over and above the excess for any claim that the policyholder makes, up to the sum insured or the limit applicable. Excesses apply to almost all types of insurance, including home insurance, contents insurance, car insurance, business insurance, and more. Insurance policies have a base or "standard" excess that applies to everyone, but there may also be other excesses that apply when there is a higher risk of a loss or claim. For example, excesses for young drivers, rented houses, or natural disasters in some areas may be added to the standard excess as a separate charge. Understanding excess in insurance is essential for making informed decisions about insurance coverage. It is important to review the policy, consider unique needs, and reach out to the insurance company or agent if in doubt.