Can the 100,000-mile rule help you avoid overpaying for car insurance you don't need? Here's what you need to know.

The excess on any car insurance policy – the amount deducted from your claims payout – comes in two forms: compulsory and voluntary. A compulsory excess is set by the insurance provider, but a ...

Lauren Claxton is a freelance writer with a focus on personal finance and cryptocurrency. She has previously written for Crypto News Australia and was employed as a content writer at Monzi Personal ...

Using car insurance as an example, an excess is a standard amount that you need to pay when your insurer settles your claim.