And if you have any pet insurance recs that would be awesome:)
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A deductible is an amount you have to pay out of pocket when making an insurance claim. For home or auto insurance, it’s typically a per-claim amount. For health insurance it’s typically an annual amount (eg. $2000 made up of various claims for doctors visits, prescriptions, etc). Not sure how pet insurance treats deductibles.
With any insurance policy a deductible is the amount of money you pay each year before insurance starts to chip in. If you have a $700 deductible, the first $700 you spend on covered services will be completely out of pocket.
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