Saving money is a priority for many consumers these days. But the New York City-based Insurance Information Institute advises thinking twice about reducing insurance coverage. Here’s what the III describes as the six biggest insurance mistakes:

Insuring a home for its real estate value rather than the cost of rebuilding.Because the value of real estate has declined in […]

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No one likes to expect the worst. But it’s better to plan for a disaster that never strikes than be unprepared. Start by getting your financial documents, medical records, photographs and other important papers in order. If all of those items are up-to-date, in one place, and portable, or better yet, backed up to a […]

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