I was reading the newspaper yesterday when I came across an article about a type of insurance I wasn't aware existed. It is called excess insurance. Basically, when you take out home, car or other types of insurance, you are usually liable to pay the excess. This amount tends to vary depending on your policy. If you take out excess insurance, then your excess is paid for you. Has anyone else heard of this before and do you have a policy? Is it worth the additional expense?