That's the quantity of money you pay out of pocket prior to your protection begins. The greater your deductible, the lower your premium. Real money worth occupants insurance will pay you the value of valuables at the time of a claim, not the rate you spent for them or the cost it would cost to change them. Replacement cost occupants insurance coverage covers the expense of fixing or changing the product at the time of the claim. Replacement expense occupants insurance coverage pays a lot more if you require to sue, but it also costs more. Get a tenants insurance coverage quote without the confusion.