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6 min read → Insurance
Insurance excess loan
An insurance claim is meant to cover your loss — but the excess comes out of your pocket first. A Cash Train loan covers your excess so your claim can proceed immediately.
Apply now →Unregulated lender • Apply online — decision in minutes
Typical excess amounts
What does an insurance excess typically cost?
Car insurance excess
£250–£750
Compulsory plus voluntary excess. Commonly £300–£500. Young or new drivers often carry higher compulsory excess set by the insurer.
Home insurance excess
£100–£500
Applies to both buildings and contents policies. Some policies carry separate excesses for each section.
Pet insurance excess
£100–£350
Usually applied per condition or per year depending on the policy type. Can apply multiple times on a lifetime policy.
Travel insurance excess
£50–£250
Charged per claim or per person. On a family policy, excesses can multiply quickly across multiple claimants.
Excess amounts are set by your insurer and may vary significantly by policy, provider, and your individual circumstances. Check your policy schedule for your exact excess.
Loan options
Choose the right loan for your excess
Quick
£100–£500
1–3 months
A single insurance excess for car, home, pet or travel. Repaid quickly once you have your claim proceeds.
Apply now →Flex
£500–£2,000
3–12 months
Multiple claims, a high combined excess, or bridging costs while awaiting settlement. Spread over manageable monthly payments.
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The process
How Cash Train works
01
Apply online
Fill in a short form with your details and the amount you need. Takes under 3 minutes.
02
Fast decision
Our technology checks your affordability and credit profile. Most decisions take under 2 minutes.
03
Money to your account
Approved and signed? We transfer funds direct to your bank — most arrive the same day.
Common questions
Insurance excess loan FAQs
Yes, exactly — you need the excess immediately, and you'll have claim proceeds to repay the loan. The loan bridges the gap between what you need to pay now and the settlement you're waiting for.
For claims below £500, paying out of pocket may be better. Claims often increase your premium at renewal more than the claim was worth — particularly for minor car or home insurance claims. Add up the likely premium increase over two or three renewal years before deciding.
The loan obligation remains regardless of the outcome of your claim. If your insurer disputes or rejects the claim, you are still required to repay the loan in full according to your agreed schedule.
Yes — most claims affect your no-claims bonus (NCB). Protected NCB policies exist but they cost more in premiums and don't prevent your insurer from raising your base premium at renewal. It's worth considering the long-term cost before claiming.
Need to cover your excess? We’re almost here.
Apply online now — get a fast decision with fixed monthly payments, no hidden fees.
Apply now →Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk