Insurance is one of those things that you really ought to have, but hope you never need. When hiring a car or van, and the excess is ÂŁ1500, you never really know how the hire company will treat you, insuring against having to pay that excess, for a relatively small fee, is, in my view, a no brainier. In this case, I did not need to claim on my ReducemyExcess policy, but knowing it was there gave me peace of mind.