Taking a Road Trip? Here’s How to Stay Safe

There’s no question that hitting the open road can be an exciting time. However, long periods of time on the road can also lead to fatigue. If you want to make sure you remain alert and that you (and everyone else) on the road isn’t in danger, make sure to use the tips here.

Before you embark on your road trip, make sure you have all the essentials in place including car insurance from THINK Insurance & Financial Services and any other paperwork you may need.

Take Frequent Breaks

Regardless of if you are driving to Pomona, CA, or somewhere else, you should take frequent breaks. Take time to get out of the car, stretch your legs and move around. Just moving around can help you reenergize and get you ready for another bout behind the wheel.

Eat Food for Energy

You have heard the saying, “food is fuel,” well, it’s true. If you want to keep going, and going, and going and be able to remain alert, then you have to eat. Make sure you aren’t eating overly-sugary foods, such as soda and donuts, as this is only going to cause you to crash soon after eating.

Take Turns at the Wheel

If you are traveling alone, you may not have this option; however, if you are traveling with other people then you can take turns driving. This is a great way to make sure that no one gets too tired.

If you are planning a road trip in Pomona, CA, make sure to use the tips here to keep you and everyone else safe. You can speak with the staff at the THINK Insurance & Financial Services to learn about more tips that will help you stay safe.

When Renter’s Insurance Isn’t Right For You

Renting a home or an apartment in Pomona, CA can be a wise decision if you can’t afford to buy. However, you should probably consider getting renter’s insurance, except for a few specific circumstances. The following situations are the few moments when we at THINK Insurance & Financial Services think that renter’s insurance isn’t right for you.

Times When You Shouldn’t Get Renter’s Insurance

Most of the time, renter’s insurance is a wise investment. However, some people may be in situations that doesn’t require it. Here are a few situations in which renter’s insurance may not be necessary.

  • Your Living Situation Is Temporary – While renter’s insurance isn’t costly, people who are living in a rented area for a short period probably shouldn’t get renter’s insurance.
  • Your Funds Are Limited – People who don’t have a lot of money to spare on extra insurance coverage should probably avoid getting a policy.
  • Your Landlord Is Shady – Running into a landlord who you can’t trust is always a frustrating and annoying situation. If yours is shady, renter’s insurance might not be wise because they may try to complicate the procedure.
  • Your Landlord Already Has A Policy – If your landlord has taken out a renter’s insurance policy for all of their apartments, you may be covered. Remember, though, that their general building insurance won’t cover your belongings. Talk to them about their policies to learn more.

When Renter’s Insurance Is A Great Idea

Except for those rare situations, renter’s insurance is always a great idea. It provides you with high-quality coverage of your belongings and keeps you from losing everything is a fire, flood, or other disaster affects your apartment or home.

Get The Coverage You Need

At THINK Insurance & Financial Services, we help people in Pomona, CA and the surrounding area get the coverage that they need. If you are renting a home or an apartment and want to avoid total loss, renter’s insurance is a necessary step in the right direction for you.

What Coverage Does Condo Insurance Provide?

Buying a condo can be a great long-term investment.  When you do purchase a condo, there are several factors that need to be taken into consideration to ensure your investment is properly protected.  One important decision to make is when you are choosing a new condo insurance policy.  Condo insurance is very important as it will provide you with a variety of different types of protection and coverage.

Liability

One of the most important types of protection that a condo insurance policy will provide you with is liability insurance protection.  Whenever you have a guest over to your home, you are taking on liability in the event that person is injured while on your property.  When you purchase a condo insurance policy, you will receive support for these claims.  Also, when you have a liability insurance policy in place, you will receive coverage if your property has a leak and causes damage to another unit in your building.

Personal Property

The condo insurance policy will also provide you with coverage for your personal property. When you have condo insurance in place, you will receive coverage in the event your property is damaged or destroyed by a fire, natural disaster, or other calamities.  It will also provide you with coverage for your personal belongings in the event they are destroyed, stolen, vandalized, or otherwise harmed and you incur a loss.

When you are looking for your next condo insurance policy, a great place to start is with THINK Insurance & Financial Services. THINK Insurance & Financial Services is well experienced in helping Pomona, CA condo owners find a great insurance policy that meets their needs.  The company will be able to provide consultation services to ensure you understand what types of coverage should be included in your policy.

If I lose my insurance at work can I buy health insurance even if it’s not during the open enrollment period?

Because of the many changes that are rapidly happening in the healthcare industry, many people are aware that they can now purchase health insurance in the marketplace. In the past, it was more difficult to find insurance not related to employment.  If you live in Pomona, CA you may already have an insurance policy through THINK Insurance & Financial Services.

Just like with the insurance an employer provides, health insurance provided through the marketplace also has an open enrollment period. That means that there are normally only certain times when policyholders can add coverage or add dependents. For instance, open enrollment for the 2018 marketplace ended on December 15, 2017.

Fortunately, there is what is called a special enrollment period which can happen at any time for individuals who are going through certain kinds of life in certain circumstances. There are several life events which can qualify an individual for special enrollment: getting married, at which time one spouse may want to drop coverage and another may want to add the new spouse and/or children; giving birth, adopting a child, or placing a child in foster care; getting divorced or legally separated and losing coverage as a result; if someone who is part of a policy dies during the year, you may be eligible for special enrollment if it affects your coverage.

Failure to carry health insurance can cause you to be liable for penalties, but more importantly, it means that you may not be able to get the healthcare you need for yourself or a loved one. If you are in Pomona, CA, call THINK Insurance & Financial Services to learn about all your health insurance choices.

Active Lifestyles Benefit From Having Recreational Insurance

Recreational insurance is for those with physically active lifestyles who enjoy the outdoors. This type of insurance offers protection for using all-terrain vehicles (ATVs), and “extreme” sports, such as rock-climbing, bungee-jumping, sky-diving, scuba-diving, skiing, snowboarding, surfing, wind-surfing, and more.

This special insurance covers accidents while participating in those sports, which are normally excluded activities in other insurance policies. It is important to check with your agent at THINK Insurance & Financial Services, serving Pomona, CA and the surrounding areas, to be sure you have adequate coverage if you participate in certain recreational activities.

Your agent can help you understand the details of what extra coverage you need and explain the exclusions that exist in your current insurance policies regarding certain physical activities that are considered more dangerous than normal routine lifestyles.

Even senior citizens need to consider this because as the aging of more and more American baby-boomers shows; many older adults are remaining very active in their later years. They might try sky-diving for the first time when they are in their seventies! There is no reason not to live life to the fullest and enjoy all the fun things that can be tried at any age. It is just important to make sure insurance coverage is adequate for any unexpected catastrophes that might occur.

When participating in extreme sports, typically the company offering the experience asks customers to sign a waiver agreement that removes their liability if something goes wrong. For example, you may not have any coverage at all from that company and have waived your rights to sue a company offering bungee- jumping, if the cord breaks. This is the kind of thing that may be covered by recreational insurance. This type of insurance is usually available on a permanent basis or for trips of a shorter duration when participating in these activities, such as when visiting an eco-adventure park. It can be general coverage or related just to some specific activities.

Contact your agent at THINK Insurance & Financial Services serving Pomona, CA to discuss all the details about recreational insurance before participating in any risky activities.

Is it Mandatory To Purchase Renters Insurance in Pomona, CA?

Just like with home insurance, there is no legal obligation for a tenant to have renter’s insurance in Pomona, CA. On the other hand, a lease may include the requirement for the tenant to have liability coverage as a part of the private contract. It still may be a good idea if the tenant has a lot of precious personal items inside of the property. If you would like to protect your personal belongings with renters insurance, consider consulting with THINK Insurance & Financial Services for a great deal.

Renter’s insurance is always a good idea to cover your personal belongings in the event of a disaster. Things covered may be your furniture, electronics, cabinets and other fixtures. What is even more important is having it to cover your liability if someone is injured on your rental property. Keep in mind, renter’s insurance is typically cheaper than home insurance and there may be bundled discounts if you have auto or insurance.

There are some limitation of renter’s insurance. For example, jewelry or collectibles may have a capped coverage limit that is not very high. Some clients are not approved for renter’s insurance if they are pet owners, and those that are approved are usually owners of low-risk breeds.

The minority of renters, although still a significant amount, choose to have renter’s insurance. Considering it is usually at a low cost, it is likely worth it if you have expensive furniture, electronics, and other personal items within the home. If you are looking for an affordable insurance plan in the Pomona, CA area, consider contacting THINK Insurance & Financial Services for a quote.

Proof of Insurance Requirements for California Drivers

Every California driver must have insurance on their vehicle, and they must have certain minimum amounts of liability coverage. They must prove that they have an active policy in place, and they must present it to a law enforcement officer if he or she asks for proof of financial responsibility. According to the State of California, financial responsibility can be done in the following ways:

• A liability policy on the vehicle that meets minimum requirements.

• A cash deposit of $35,000 to the DMV.

• A self-insurance certificate that’s issued by the DMV.

• A surety bond for $35,000 from a company that has a license to do business in the State of California.

If you want more information about this issue, be sure to speak to someone at Think Insurance & Financial Services LLC in Pomona CA.

What Can Be Presented as Proof of Financial Responsibility

If you have an auto insurance policy in the State of California, the insurance card that’s given to you by your carrier will meet this requirement. But it isn’t the only way to prove financial responsibility. Other accepted methods of meeting this requirement include:

• A letter that’s authorized by the DMV if you made a cash deposit or are self-insured.

• The California Proof of Insurance Certificate (SR-22) form.

• Evidence that the vehicle is owned or leased by a public entity as it’s defined by the State of California.

• A Notification of Alternative Forms of Responsibility (REG 5085) form on a vehicle that’s covered by a commercial policy and is being registered for the first time.

• A Statement of Facts (REG 256) form to certify that you have proof of insurance on file with the Public Utilities Commission or the DMV.

Be sure to contact the office of Think Insurance & Financial Services LLC in Pomona, CA to get more information about the auto insurance laws in the State of California.

Understanding the Master Policy in Pomona CA

As a condo owner, it is your responsibility to ensure that you are protected from the different types of unpredictable disasters that happen from time to time. You receive some level of assistant through an insurance coverage known as condominium complex’s master policy. The policy caters for damages suffered by the building and pays for liability claims for any accidents reported to occur in the building’s area. However, there are some variations in what the master policy caters for from one condo to the other in Pomona, CA.

To ensure that you are comprehensively insured, make sure that you understand what is included in the master policy and what it does not include. You will also need to review your master policy to check what it protects. If you are experiencing trouble making sense from it, Think Insurance can help you understand what you are responsible for, what you are not and how buying condo insurance policy helps you fill the gaps.

What is included under Master Policy?

While your regular home insurance is responsible for protecting home structures and items, the master policy protects:

Shared spaces and buildings

These are areas that are shared or used by many condo owners like the condo pools and parks. They could also include structures such as condo gym and event rooms. Shared spaces also comprise of green areas, parking lots and walkways.

Condo unit structures

There are two types of insurance association which include the:

All-in- This structure excludes the installations and other fixtures in the condo unit but ensures other applications that come with the unit.

Bare walls in – It deals with the actual structure of the condo unit which includes the roof, walls, piping, wiring, insulation and the exterior.

The master policy ensures that everything that the unit owner insurance coverage does not protect is protected. To understand more about the master policy and condo insurance requirements in Pomona, CA, visit Think Insurance or find us on our website and we will answer any questions you may have concerning the same.

3 Reasons Why You Should Have Life Insurance As Early As Possible

Many people believe that life insurance isn’t necessary until they have children and have reached their golden age. While this might sound convenient, the experts at THINK Insurance & Financial Services don’t agree. People in Pomona, CA are gradually beginning to realize that life insurance is important for everyone even those who are in their twenties. You don’t need to get to your fifties before you buy life insurance and here is why:

1. Reduced Premium

Buying life insurance when you’re young and healthy means you’ll pay lower premiums compared to when you buy at an older age. Sometimes, people in their forties get to pay twice as much for premiums than people in their twenties. Opting for a permanent life insurance policy when you’re younger may lock in your premium for the rest of your life.

2. You’ll Reduce The Burden On Your Loved Ones

If you still have a lot of debt to pay in your twenties and you decide to buy your life insurance, you’ll be protecting your relatives from paying off all your debts. You can opt for a level life insurance policy that covers some of these debts to protect your loved ones from paying your debts in the event of your death.

3. You May Not Qualify

If you wait too long to buy a life insurance policy, you may not be qualified to buy one later. Buying it when your young and healthy is ideal because if you wait till you eventually fall sick, you may not qualify to buy one. Don’t think of it as an added burden. Think of it as a form of security. When you buy it early, it will remain in place even if you fall ill later on. Your policy provider might recommend adding some riders to the already existing policy.

For more information about early life insurance in Pomona, CA, contact THINK Insurance & Financial Services.

How Commercial Insurance Protects Your Business Interests

Your Pomona, CA business is an important asset to you. Why wouldn’t you take the appropriate steps to put in place the necessary commercial insurance in order to stay in business and protect yourself from financial loss? This is where agents located in Pomona, CA working with THINK Insurance & Financial Services can be of service to you. They can show you how commercial insurance protects your business interests.

Commercial insurance includes coverages that protect your business property, liability insurance, protections for if your machinery breaks down, or your shipments are lost in transit. The size and type of business you have will certainly dictate the type of commercial insurance you need in order to keep your business safe and protected.

Any Pomona, CA business with employees needs to have in place workers’ compensation, a form of commercial insurance protection. Workers’ compensation provides your employees with financial resources should a job-related illness or injury cause them to miss days on the job. It is important to note that in the State of California, employers are required to have workers’ compensation insurance in place, even if you have only one employee.

Commercial auto insurance is another important type of commercial insurance that you need if a vehicle is used in your business. Accidents that may occur during the course of the workday involving you or one of your employees and a company vehicle will fall under this type of coverage.

If you need new commercial insurance coverage or want a review of your existing policies to see if they provide you with sufficient protection, you need to contact agents working with THINK Insurance & Financial Services. Let these licensed professionals assist you in determining what is appropriate for your business in commercial insurance and ensure that you have the right level of coverage.