Quote Originally Posted by chandrasekhar View Post
I have read in the forum that you will get a discount when you opt for excess. How much excess is good to save premium and keep the mandatory cover, so that you would not bear much loss in case of loss.
Min Rs. 500/- excess is mandatory for all the car insurance. If you increase it from here you would get, discount in the premium accordingly. Its individual choice - how much risk you can bear for each and every claim?