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	<title>New answer on: What Is A Deductible In Renters Insurance?</title>

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		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/renters-insurance/what-is-a-deductible-in-renters-insurance</link>

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

		<pubDate>Wed, 09 Jul 2014 19:20:15 +0000</pubDate>

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		<description><![CDATA[When you have a property loss on your renter’s policy, the adjuster will determine the amount of loss.  When you agree with the adjuster, a settlement is reached.  The amount of the settlement will be reduced by the deductible and paid to you.  There isn’t a deductible if the claim is a liability claim.  The purpose of the deductible is to reduce the number of small claims. ]]></description>

		

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		<title>By: Jim Winkler</title>

		<link>https://insurancelibrary.com/renters-insurance/what-is-a-deductible-in-renters-insurance</link>

		<dc:creator>Jim Winkler</dc:creator>

		<pubDate>Tue, 13 May 2014 22:55:23 +0000</pubDate>

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		<description><![CDATA[That is a great question! In the insurance world, the part that you have to pay to help limit expenses for the company is called a deductible. It has kind of a dual purpose - it lets you have some &quot;skin in the game&quot;, almost like a deterrent to being careless - if you know that you have to pay up front first. The second part is to help lower the cost of the policy, by sharing the costs. Thanks for asking!]]></description>

		

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		<title>By: Robert Woodard</title>

		<link>https://insurancelibrary.com/renters-insurance/what-is-a-deductible-in-renters-insurance</link>

		<dc:creator>Robert Woodard</dc:creator>

		<pubDate>Fri, 30 Aug 2013 18:09:18 +0000</pubDate>

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		<description><![CDATA[Quite simply, it&#039;s the dollar amount that you will have to pay upfront in the event of a claim.  If your deductible is $250 and your total damages equals $1000, then you will pay the first $250 and the insurance carrier will write you a check for the remaining $750.]]></description>

		

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