What Does Comprehensive Auto Insurance Cover?

Auto insurance coverage is essential for protecting you from financial losses related to a covered event. There are a few different types of auto coverage, including liability, collision, and comprehensive coverage, to name a few. Many insurance customers have a common question: What does comprehensive coverage protect? The insurance experts at THINK Insurance & Financial Services can help answer other questions for the residents of Pomona, CA.

Comprehensive Insurance Protection 

Comprehensive insurance offers protection against incidents in events aside from collisions and liability. For example, comprehensive coverage will protect you from financial losses if your vehicle is damaged in a natural disaster or is vandalized or stolen. If you finance your vehicle, many finance companies or banks will require you to carry comprehensive insurance coverage. 

If you need help with the level of insurance coverage, you need to suit your specific situation. Our insurance experts are here to help. We work one-on-one with our customers to ensure they get the insight and information they need to select the ideal policy. Once the agent has determined which coverage best suits your current needs, they will recommend policy options and assist with the purchase, any changes, and even submitting claims for a covered event.

Find Out More Today 

Individuals living in or around the Pomona, CA area should call or stop by the THINK Insurance & Financial Services office to consult with one of our knowledgeable agents. We are committed to providing customer service that helps individuals secure the right insurance policies to protect and offer them security. Don’t wait to get the auto insurance protection you need. Get started today.

Home Insurance and Theft

Your home is supposed to be your sanctuary. It is where you can feel safe enough to be yourself and relax. You invest much time and money into making it that way for your family and yourself. However, certain occurrences can interrupt that tranquility. You will need to be prepared before that takes place. Home insurance is vital no matter where you live or your situation. Burglaries happen all over the world – you need to make sure that if your items are stolen, you want the ability to replace those items.

Homeowners insurance covers most nonvaluable items inside and outside of your home. If you have any valuable items, it may be best to obtain a specific type of insurance policy tailored to protect those items. Protect all of your possessions – in the end, you will be relieved that you have purchased the proper policies. Although picking up the pieces after someone breaks into your home can feel nearly impossible, having adequate coverage will help you heal.

If you are currently in the home insurance market, you need to employ the assistance of THINK Insurance & Financial Services in Pomona, CA. THINK Insurance & Financial Services will help you pick up the pieces after a break-in. Speaking with insurance experts can give you the peace of mind you need, and it will ensure that you are equipped to replace your possessions and successfully move on from this ordeal. Contact THINK Insurance today or stop by the office if you are in the Pomona, CA area. 

The importance of wearing a helmet on a motorcycle

Motorcycle helmets have been proven to save lives. In fact, according to the National Highway Traffic Safety Administration (NHTSA), “helmets are about 37 percent effective in preventing fatal injuries to motorcycle riders.”

Despite this evidence, many motorcyclists choose not to wear helmets. One reason may be that they do not understand the risks of not wearing a helmet. This blog post will discuss the dangers of riding without a helmet and why it is important to wear one. It will also provide tips on choosing the right helmet and how to fit it properly. Finally, the benefits of wearing a motorcycle helmet will be outlined.

Always Wear a Helmet

Whether you are a new motorcyclist or have been riding for years, it is crucial always to wear a helmet. It provides protection against head injuries in the event of an accident and can also help reduce your risk of other serious injuries, such as road rash.

When choosing a motorcycle helmet, there are several factors that you should take into consideration. First, consider the fit – your helmet should sit securely and comfortably on your head without being too loose or tight. Also, choose a helmet that offers adequate protection based on your riding style and level of experience. For example, if you ride aggressively on off-road terrain, you will need a different type of helmet than someone who rides on the highway.

If you have questions about motorcycle safety, please call us at THINK Insurance & Financial Services today. We proudly serve the Pomona, CA area and would be glad to help you.

The difference between whole life and term life insurance policies

When it comes to life insurance, there are two main types of policies: whole life and term life. Here we will compare and contrast the two policies so that you can make an informed decision about which one is right for you. We will also provide tips on how to choose a policy. 

What is whole life insurance?

Whole life insurance is a type of policy that provides lifelong coverage. It is designed to provide financial security for your loved ones during your death. Whole life policies offer a variety of features, including cash value accumulation and tax-deferred growth. They are also relatively simple to understand and easy to apply.

What is term life insurance?

Term life insurance is a type of policy that provides coverage for a specific period, such as 10, 20, or 30 years. It is designed to provide financial security for your loved ones in the event of your death during that period. Term life policies are less expensive than whole life policies, but they do not offer the same level of coverage or benefits.

How do whole life and term life policies compare?

There are a few critical differences between whole life and term life policies:

  • Whole life policies offer lifelong coverage, while term life policies only offer coverage for a specific period
  • Whole life policies offer cash value accumulation and tax-deferred growth, while term life policies do not
  • Whole life policies are generally more expensive than term life policies

If you have any questions about life insurance, give THINK Insurance & Financial Services a call today. We proudly serve the Pomona, CA area.

I’m only 18. Should I invest in health insurance?

Health insurance has many benefits for people of all ages. Even young people can benefit from investing in health insurance. THINK Insurance & Financial Services is committed to educating Pomona, CA residents on health insurance benefits.

What are the Benefits of Health Insurance?

There are many benefits that come with investing in health insurance. Primarily, health insurance makes healthcare more affordable. It also allows you to practice preventative care. When you have health insurance, you can see your doctor regularly and when emergencies arise. This, in and of itself, is priceless. This allows you to catch health issues before they become out of hand. All of these benefits create a sense of peace. It’s a benefit to know that you can affordably get the healthcare you need at an affordable price. These benefits are a big help to anyone of any age.

Should I invest in health insurance?

As a young person, you can access health insurance at a relatively inexpensive rate if you don’t have any pre-existing or chronic disorders. Young people can often obtain health insurance at really affordable rates. If you choose to invest in health insurance at a young age, you can lock in good rates in terms of your monthly premiums. As people age, they tend to develop more health problems. This is why it may be an excellent decision to invest in health insurance while you’re young and your rates are more affordable. If you have questions about health insurance and its benefits, call us. We’d be happy to help you explore your options.

Do I Need Full Coverage Auto Insurance for My Electric Car?

Congratulations! You’ve finally done it. You took the plunge and bought an electric car. Now that you’ve made this major purchase, you must protect your investment with full coverage auto insurance. This blog post will discuss three key benefits of full coverage auto insurance for electric car owners in Pomona, CA.

Security

When you have full auto insurance coverage, your car is fully protected in an accident or other covered incident. With comprehensive collision coverage, you won’t have to worry about footing the entire bill if your car is damaged or totaled in an accident. Instead, your insurance company will pick up the tab (up to your policy limits, of course). A THINK Insurance & Financial Services representative can help you select the proper coverage limits for your needs.

Lower Repair Costs

If you only have liability insurance, you’ll pay 100% of the repair costs if your car is damaged in an accident deemed to be your fault. However, if you have full coverage auto insurance, your insurance company will foot a portion of the repair bill (again, up to your policy limits). This can save you considerable money over time, especially if you’re involved in multiple accidents.

Coverage for Non-Accidents

Full coverage auto insurance also protects your car in the event of non-accident damages, such as hail damage, theft, and vandalism. If one of these perils damages your vehicle, you’ll be glad to have comprehensive and collision coverage to fall back on.

There are many benefits to having full coverage auto insurance for your electric car. To learn more about coverage in Pomona, CA, contact your THINK Insurance & Financial Services representative.

Will my condo insurance cover the flood damage in my condo?

Condo owners have unique concerns about what’s covered by condo insurance. Although they own their unit, they don’t own the exterior or common areas of the condo. As a result, it’s often difficult to determine who’s responsible for what. Some forms of damage aren’t covered by your condo insurance or the condo association. Our team at THINK Insurance & Financial Services is invested in helping Pomona, CA condo owners understand what’s covered and what’s not.

What Does Condo Insurance Cover?

Typically, condo insurance covers the repair of your condo and provides financial compensation for repairing or replacing your damaged personal items. However, there are situations where damage or replacement may not be covered under your condo policy. Damage to your personal items or unit caused by burst pipes from another unit, or some other issue that affects your unit, should be covered by the condo owner responsible for the damage. The condo association may cover damage caused by circumstances outside your unit.

Will My Condo Insurance Cover the Flood Damage in My Condo?

Condo insurance will cover damage from pipes that burst inside your unit and various other forms of water damage expressly covered under your policy. However, condo insurance will not cover flood damage. Flood insurance will cover any damage caused by flooding. If you live in a flood zone, investing in a flood insurance policy is wise because your condo insurance will not cover flood damage. If you have questions regarding condo insurance, call us. We can help you explore your options.

Will renters insurance cover my roommates’ belongings?

Renters insurance can create peace of mind for renters in the same way that homeowners insurance can. Renters insurance can cover your personal belongings as well as theft and a variety of other different situations. THINK Insurance & Financial Services wants Pomona, CA renters to understand the benefits of renters insurance.

What Does Renters Insurance Cover?

The policyholders are the only people covered by a renters’ insurance policy. Renters’ insurance covers damage to your personal items, damage from natural disasters, injuries, theft, and much more. Your renters’ insurance policy will even cover injury or damage to a visitor’s personal belongings while visiting your home. Your personal items are covered even if they are stolen from your car. Renters insurance is a good investment for any rental property you reside in. This includes dorms, apartments, or even a rented house. Although your renters’ insurance policy would cover your personal belongings if they were stolen from your car, it wouldn’t cover any damage to your vehicle.

Will Renters Insurance Cover my Roommates’ Belongings?

Unfortunately, renters’ insurance only covers your belongings, not your roommates.’ Your roommate must be on your renters’ insurance policy to be covered. However, your liability coverage would provide for the repair, replacement, or injury of a guest that sustained an injury or damaged belongings while visiting your home. Your roommate would need to get a renters’ insurance policy to have coverage or be added to your policy. If you have questions about renters insurance and are considering investing in it, call us. We’d be happy to help you explore renters insurance and find the best policy for your unique situation. 

Don’t Skip These Types of Commercial Insurance in California

Protecting your company is a top priority as a business owner. You’ve likely invested a lot of time and money into building your business, so it’s essential to insure it is covered in an emergency. That’s where commercial insurance comes in. Commercial insurance protects businesses from potential liabilities and losses, and various types of coverage are available. Some types of commercial insurance are required by law, while others are optional but still highly recommended. Here are four types of commercial insurance that every business owner should consider:

1. Property Insurance

If you own or lease commercial property, you’ll need to purchase property insurance to protect your assets in the event of damage or theft. This type of insurance will reimburse you for the cost of repairs or replacement up to your policy’s limit. 

Contact THINK Insurance & Financial Services for a property insurance quote today.

2. Liability Insurance 

Liability insurance protects your business if someone is injured on your property or you are sued for damages. This type of coverage can help cover the cost of medical bills, legal fees, and more. 

3. Worker’s Compensation Insurance 

If you have employees, you are required by law to carry worker’s compensation insurance. This type of insurance will help cover the cost of medical bills and lost wages if an employee is injured on the job. 

4. Business Interruption Insurance 

If your business is interrupted because of a covered event such as a fire or severe weather, business interruption insurance can help reimburse you for lost income and expenses incurred. This coverage is often overlooked but can be crucial for small businesses. 

Purchasing commercial insurance is an essential part of being a business owner. To learn more, contact THINK Insurance & Financial Services. We can help you find the right coverage for your business.

Why Should You Consider Increasing Your Life Insurance Policy If Your Wages Have Significantly Increased?

THINK Insurance & Financial Services, serving the greater Pomona, CA area, offers life insurance policies for our clients. One of the questions we often get asked is when someone should consider increasing their life insurance policy. While many life events warrant an increase in life insurance policy amounts, one of the most overlooked is after someone’s wages have increased significantly. Read on to learn why it may be essential to increase your policy after this happens. 

Why Should You Consider Increasing Your Life Insurance Policy If Your Wages Have Significantly Increased?

You should consider increasing your life insurance policy if your wages have significantly increased because your current policy is likely based on your older, lower wages. A life insurance policy helps to cover your final expenses, but it also helps to provide for your family if you pass away unexpectedly or early in life. This allows your spouse to keep a roof over their head and helps to make up for the lost wages due to your death. If your wages have increased, your life insurance should increase to ensure your family can continue to live the quality of life they have become accustomed to should you unexpectedly pass away. 

You should consider increasing your life insurance policy after your life changes, including getting married, purchasing a home, having children, or even if your wages have increased significantly. If it has been a while since you last increased your life insurance policy and experienced significant life changes, now may be the perfect time to take a look at your policy and consider increasing it. Reach out to THINK Insurance & Financial Services, serving the greater Pomona, CA area, to learn more about increasing your life insurance policy.