Two leased assets in one claim: are their excesses added together?

The Fidelidade example

Clause 24 of Leased Assets CG045, September 2026, provides that where excesses are set per insured asset and one event damages several such assets, the insured bears only the highest applicable excess. This is that contract's rule, to check against the particular conditions, rather than an assumption for every quotation.

Sources: Fidelidade — Leased Assets CG045, September 2026, excess definition and clause 24; accessed 28 October 2026 ↗

Establish the assumptions before calculating

Fictional exercise: under that same-event rule, the applicable excesses for two items would be EUR150 and EUR300. The reference would be EUR300 rather than their EUR450 sum. This compares excesses only, without establishing accepted damage, available limits or final compensation.

Separate events, uncertainty about a single claim or percentage-based excesses require those assumptions to be clarified first. Nearby dates do not, by themselves, establish one insured event.

Ask each quotation the same question

For each quotation, record whether the excess is per asset, benefit or event and whether it is a fixed amount or formula. Then locate the rule for several damaged items and obtain a written reference. Do not compare summed excesses in one quotation with a single figure in another without understanding the reason.

Also identify the assets and benefits to which the figures apply. Do not reduce insured sums simply to obtain a certain excess or assume a lower excess makes the whole policy better. Keep the equipment and comparison scenario consistent.

Prepare the enquiry with separate asset information

For a Bens em Leasing quotation, tell RMACHADO about the equipment, use and lessor's requirements. Detailed information can follow through the indicated channel, without financial contracts or serial numbers on social media. An existing event belongs with the current policy's notification procedure, without deciding the excess in advance.