A deductible is the part of a damage claim that you as a renter need to pay yourself to the insurance company in case a damage occurs. The deductible is collected from your account by SnappCar, on behalf of the insurance company.
Note that the deductible is applicable per damage event. This means that multiple deductibles can apply to the same car and the same booking if you have multiple damages. In some cases you will be offered the option to reduce your deductible amount. This is an optional service that is offered by SnappCar, and does not apply for all rentals.