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Your motor insurance policy has an excess of £100. What does this mean?

A You will have to pay the first £100 of any claim
Explaination
This is a method used by insurance companies to keep annual premiums down. Generally, the higher the excess you choose to pay, the lower the annual premium you will be charged.
B The insurance company will pay the first £100 of any claim
C You will be paid £100 if you do not have a crash
D Your vehicle is insured for a value of £100 if it is stolen