Protection & safety · General financial education

Stacking deductibles

An excess (Deductible) is the amount you bear on a claim before cover pays. Several policies can stack excesses.

In more detail

Idea: contents and buildings, or travel and liability, may interact; each contract can have its own excess. Finmon recommends no policy and invents no premiums.

Background

If several excesses apply at once, how much cash do you need on hand? This sits next to your reserve, risk, and liability cover. Finmon is not selling a policy.

An example

One loss triggers two policies. Each requires a €300 excess. Without coordination you may bear €600 before benefits start.

A common misconception

One household excess covers all policies.

Each contract can have its own excess. Check the total.

Source: BaFin · Haftpflichtversicherung. Last reviewed: 2026-11-09. Editorially reviewed on 2026-11-09. Next review 2027-11-09. Version 0.2.0. Finmon explains. It does not advise. Not investment, tax or legal advice.