🛒 2008 hyndai sonata car cover

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2008 hyndai sonata car cover

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In car insurance, excess is often referred to as a deductible. When you file a claim, the excess amount is the portion of the loss that you are responsible for paying. For example, if you have an excess of £500 and you are involved in an accident causing £2,000 in damages, you will pay £500, and the insurance company will cover the remaining £1,500. This system helps insurers manage risk by requiring policyholders to share a portion of the financial burden.

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