By increasing your auto and home insurance deductibles, you will “insure yourself” (via self-insurance) for the amount up to the deductible, allowing you to immediately reduce your premium payment.
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.
