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	<title>New answer on: What Does Deductible Mean In Renters Insurance?</title>

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		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/renters-insurance/what-does-deductible-mean-in-renters-insurance</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Mon, 17 Mar 2014 23:08:13 +0000</pubDate>

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		<description><![CDATA[The deductible applies to a property loss.&#160; Once the amount of loss is determined the deductible is applied.&#160; For example if there was a fire in the kitchen and the damages reached $50,000.&#160; The company would reimburse you for $49,000 if your deductible was $1,000.&#160; If some of the loss was subject to limitations, this would then be applied and could further reduce the adjusted claim.&#160; For example if your loss include $20,000 in firearms and your policy had a limit of $2,000, the settlement would be reduced an additional $18,000.&#160; There isn’t a deductible applied to liability claims in most homeowner’s policies. ]]></description>

		

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