Retirees often feel trapped by rising insurance premiums, from homeowners to auto to health coverage. The easiest way to cut costs seems to be raising deductibles—but that can increase financial risk during claims. Fortunately, not every deductible adjustment puts retirees in danger. Strategic tweaks can reduce premiums while keeping out-of-pocket exposure reasonable. Here are 10 deductible moves that can trim costs without adding unnecessary risk.
