What does it mean if your motor insurance policy has an excess of £100?

Possible Answers:

a. The insurance company will pay the first £100 of any claim

b. You'll be paid £100 if you don't have a collision

c. Your vehicle is insured for a value of £100 if it's stolen

d. You'll have to pay the first £100 of any claim

Think you know the answer to this theory test question?

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