I Can't Afford To Pay My Insurance Excess - What To Do

MoneyLoop
December 08, 2019

Got into a car accident? Can’t pay your excess upfront?

Don’t worry, you’re not alone. In fact, 59% of Australians don’t have access to $3,000 in an emergency, with over 21% not having $1,000 in savings. So, we’ve created a digital payment solution that removes the stress of paying a large excess upfront. Instead, you could pay your excess through monthly instalments online – and it’s completely interest-free!

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We happily pay your total excess to your insurer, and you can pay us back in instalments over 2 months.

Just follow these 4 simple steps to get started:

  1. Contact your insurer
  2. Ask if they offer a MoneyLoop plan
  3. Fill out application form
  4. You’re approved! Let’s discuss your payment plan.

Join hundreds of happier Australians in a simple excess payment process that gets you back on the road sooner.

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Excess