New Year''s a chance to check insurance coverage

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It may be the appropriate time to check your auto insurance coverage.

As January 1 rolls around, many may be thinking of how to stick to their New Year's resolutions.

However, turning the calendar to a new year may also provide the opportunity for some financial management regarding insurance coverage. Many experts note policies should be reviewed at least once a year to ensure owners have the proper amount of protection.

A number of factors could play into a need for new life, home or auto insurance coverage. Getting a better-paying job, for example, may lead to another car, additional possessions or a higher standard of living, all of which will require a look at policies.

Experts note getting married, having children or buying a home are all instances when people should review their insurance coverage. Even a divorce could lead to necessary policy changes.

When considering additional insurance, there are ways for consumers to save money. Getting multiple policies from one provider may lead to savings. Comparison shopping is also a tool policy owners can use.


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