Deductible Clause

Definition of "Deductible clause"

Provision in insurance policies that states the deductible.

Search Real Estate Glossary

Related Real Estate Glossary terms

Rule Of 78

Also called the Rule of the Sum of the Digits. An approach that bank use to formulate a loan amorti ...

Cost Of Capital

Rate of return that is necessary to maintain market value of a real estate project. The cost of capi ...

Assessment Cycle

Period of time between valuations of property for tax purposes in a given locality. ...

Margin

On an ARM, an amount (usually two to three percentage points) that is added to the interest rate in ...

Family Maintenance Policy

Combination of whole life and level term that provides income to a beneficiary for a selected period ...

Due Care/due Diligence

Assurance by the agent that the recommended insurance plan for the client is suitable for that clien ...

Related Real Estate FAQ

What Is A Negative Amortization?

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

What Is A Default?

A default is when a person fails to make payments on a loan. ...

What Is A CD?

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

What Does Travel Insurance Typically Cover?

Loss of luggage Loss of travel documents Cancellation and lost deposit expenses Medical expens ...

What Is An Agent?

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

How is Square Footage Determined? 6 Reasons you are not selling properties Foreclosure - The Pros and Cons of Buying What do Real Estate Attorneys do? How To Choose A Realtor

FAQ

What is a gated community? How big is an acre? What is zoning? What is title insurance? How Much Can I Afford ?