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	<title>New answer on: How Does Car Insurance Excess Work?</title>

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		<title>By: Ted Ratliff</title>

		<link>http://insurancelibrary.com/auto-insurance/how-does-car-insurance-excess-work</link>

		<dc:creator>Ted Ratliff</dc:creator>

		<pubDate>Thu, 30 May 2013 11:14:04 +0000</pubDate>

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		<description><![CDATA[I am not sure exactly what you mean by this question.  My thoughts are that you are referring to a policy that will pay the excess amount if your car is totaled and you still owe more than the car is worth.  For example, you owe $25000 on your car and it is totaled.  The insurance company pays the book, which is $20,000.  Under some polices you are still on the hook for the balance, even though you no longer have the car.  A policy that includes excess would pay off the car completely.]]></description>

		

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