Increase the size of your auto and home insurance deductibles.

By increasing the size of your auto and home insurance deductibles, you will be “insuring yourself”

(through self-insurance) for the amount up to the deductible, allowing you to immediately reduce the amount of money you spend on premiums.

If you can afford it, you can use your self-insurance fund to lower the cost of disability insurance.

This article explains everything you need to know about using your deductible to save money on insurance.

You may be able to lower your premiums by accepting a longer waiting period before your disability insurance kicks in thanks to the fund.

If you choose a policy with a higher deductible, you will save money on your health insurance premiums.