Definitions for "Compulsory Excess"
an amount required by your insurer and will vary according to your personal circumstances and the terms of cover provided
This is the amount that has been your insurer has stated to be a requirement. It varies according to the terms of cover provided.
imposed by the insurance company to keep the overall premium down or to discourage claims for small amounts. Compulsory excess is very common for young and inexperienced drivers and for expensive motorbikes.