When should I change my insurance deductibles?

When should I consider changing my insurance deductibles?

You might want to change your deductibles if your financial situation changes or if you want to lower your premium.

What are the pros and cons of having a higher deductible?

A higher deductible usually means lower premiums, but it also means you'll pay more out-of-pocket in case of a claim.

How do I know if I can afford a higher deductible?

Consider your savings and how much you can comfortably pay out-of-pocket in case of an emergency.

Are there specific situations where changing deductibles is recommended?

Yes, if you anticipate significant changes in your health or financial situation, it may be wise to reassess your deductibles.