The U.S unemployment rate is at a 26 year high of 9.7%, according to the most recent update by the Bureau of Labor Statistics. Last month, there were 216,000 nonfarm payrolls lost, marking the 20th straight month of decline.

As more Americans lose their jobs, it’s important for them to remember not to cancel their insurance policies in an attempt to save money. More and more uninsured drivers are hitting the roadways as more people continue to drop car insurance coverage. What many don’t realize is that if they get into an accident when they don’t have insurance, they will be in deeper financial trouble than if they continued to have car insurance.

With the housing market still out of control and more people turning to renting apartments, it’s important to make sure you get a renters insurance policy to protect your belongings. Many new renters might be under the impression that the landlord’s policy will extend coverage to them. The landlord’s policy will provide coverage for the building, but will not extend to your belongings. Could you afford to replace all your belongings if your apartment is damaged by a fire?

Many Americans get their health insurance through their employers. As more and more people lose their jobs, more and more people are also losing their health insurance coverage. People who don’t purchase an individual policy after losing their job are more likely to end up in the emergency room for a problem that could have been prevented with earlier doctor visits.