What Is A Deductible In Renters Insurance? 
When you have a property loss on your renters 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 isnt a deductible if the claim is a liability claim . The purpose of the deductible is to reduce the number of small claims . 