Car

How to choose the right excess to cut your premium (without breaking your future self)

A worked tactical playbook on excess trade-offs in SA — including the level most households can actually afford.

Written by CompareInsurance Editorial Team Reviewed by SA-licensed FSCA broker panel Updated 12 May 2026 6 min read
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Overview

Excess is the most under-used premium lever in SA. Raising voluntary excess from R5,000 to R10,000 typically drops monthly premiums 12–22% with OUTsurance, MiWay and Santam — but only if you can actually pay the higher amount on the day of a claim.

How car pricing works in SA

The honest test: imagine you crash tomorrow. Could you transfer R10,000 to a panel beater this week without delaying the repair or borrowing? If yes, the higher excess is rational. If no, you're saving R110/month on a policy that won't fix your car when you need it.

Key factors to compare

Most SA households should land between R5,000 and R7,500 voluntary excess. That's the band where premium savings (R60–R90/month) and real-world affordability line up. Pair the higher excess with a dedicated 'claim float' in your money-market account — funded from the saving itself.

What to do next

If you want the conceptual definition of excess (basic, voluntary, age, theft, windscreen), read /learn/what-is-excess first — this guide is the tactical follow-up.

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CompareInsurance Editorial Team

Reviewed by SA-licensed FSCA broker panel. Editorial is independent of our commercial relationships — see our methodology.