Compulsory Insurance Excess

[Dead Eye]

I tend to go the other way. My logic is

• I have to have insurance
  
• I'm not planning to claim
  
• I want the lowest possible premium
  

This is what I do as well - usually put my voluntary excess up relatively high and figure out a sweet spot for the best premium. Usually there is little difference between £500 and £750 for example so I'd generally opt for paying say £2 extra premium to save £250 on the excess