Why should i get life insurance?

Those that are in the Pomona, CA area need to spend some time assessing all of their personal insurance needs. One form of insurance that could be a good addition to any personal insurance plan is life insurance. There are several reasons why you should get this type of insurance coverage. 

Provides Protection for Dependants

A key reason that you should get life insurance is that it can offer protection for your dependents. If you have people in your life that depend on you and your income, you will want to ensure that they have financial resources if you were to pass away. With life insurance, you can provide them with this coverage. When you get this insurance, you can build a policy that will meet your needs.

Offers a Financial Investment Opportunity

Another benefit that can come when you get life insurance is that it can offer you an additional financial investment opportunity. Anyone that is looking for another form of investment to round out their portfolio should consider getting a whole life insurance policy. With whole life insurance, you can receive insurance coverage and a portion of your payments will build in an account that you could convert to cash in the future. 

There are a lot of reasons that you should get life insurance. If you would like to get a life insurance policy in the Pomona, CA area, you should speak with someone that understands the complexities of this type of insurance. The team at THINK Insurance & Financial Services can be a great resource. If you do call THINK Insurance & Financial Services, you can learn more about what your options are. They can then help you to construct a policy that will provide you with the right coverage.  

5 Ways to Protect Your Small Business from Liability Risks

As a small business owner, it’s your responsibility to protect your business against risks that can cause financial loss. This includes liability risks that your Pomona, CA business faces in your local community. These tips from THINK Insurance & Financial Services can help safeguard your business against liability claims that can affect your bottom line.

Maintain a Safe Business Environment

Put safety first when it comes to your business environment. A safe environment will reduce the risk of accidents on your business site. Make sure your employees are on board in maintaining a high standard of safety for your customers.

Document Everything

Keep accurate records of all business transactions to include emails, phone conversations, letters, etc. to avoid misunderstandings in business transactions that can lead to a breach of contract and lawsuit.

Don’t Make Slanderous Statements

Be careful about the statements you make in public to avoid problems with slander. Slanderous statements can easily lead to lawsuits. In like manner, avoid doing business with people of questionable character as it could tarnish your business image.

Hire a Skilled Attorney

Hire a business attorney so you’ll have competent legal aid in the event of a lawsuit. Make sure your attorney is familiar with laws in your local area and experienced with business issues in your industry.

Purchase Commercial Liability Coverage

Make sure you have the right commercial insurance to protect you against liability claims. General liability covers accidents on your business site. If you produce or sell products, you may need product liability to protect you against faulty products that can cause injuries. If you offer professional services, E&O coverage will protect you against a lawsuit for negligence in the services you provide.

For more information about commercial liability coverage for your Pomona, CA business, contact an agent from THINK Insurance & Financial Services today.

Does home insurance cover for accidental damage?

Investing in a home takes time and resources. In some instances, owning a home is a lifetime investment that you have to pay for all your life. It is, therefore, crucial to protect your home from any form of damage or loss. In instances where it may be impossible to protect your home, a home insurance policy comes in handy. Please speak to our THINK Insurance & Financial Services agents in Pomona, CA, who will advise you on a home insurance policy suitable for you.

What is a home insurance policy?

This is a policy that protects you against financial liability arising from property damage, injuries, or legal responsibilities. Damages could occur out of natural disasters though there are a few exceptions to these instances and, therefore very crucial for you to go through all the details of your policy document with THINK Insurance & Financial Services agents. This policy covers damages caused by pets.

A standard home insurance policy offers the following coverages

  • Damage to home structure

A home insurance policy will cover costs required to repair your home or entirely rebuild it if it is destroyed by fire, hurricanes, or any other disaster listed on the policy. This policy does not cover damages arising from floods, earthquakes, or wear and tear.

  • Damage of personal belongings

Such items as furniture, sports equipment, clothes, and other personal items are likely to be destroyed by fire or hurricanes. While the home insurance policy does not fully cover these items, you can purchase special personal property endorsements to cover them entirely.

  • Liability protection

This covers lawsuits as a result of bodily damage caused by others or property damage. This also caters to accidental damage caused by pets.

  • Additional living expenses liability

In case your home is rendered inhabitable, the home insurance policy covers costs to get an alternative living space.

Kindly visit our website for more information, or call our THINK Insurance & Financial Services agents in Pomona, CA, for more personalized service.

Safe Driving Tips for California Roads

California has some long stretches of highways. It’s dominated by more than 500,000 miles of roads. It’s the perfect contender for a road trip. No matter how you travel, whether you’re taking the expressway to work or just going for a weekend sightseeing trip, you need to stay safe on the road. THINK Insurance & Financial Services in Pomona, CA would like to share a few driving tips to keep you safe when riding on California roadways.

What You Can Do

  • Following too close. Don’t get too close behind a vehicle. If you need to use the 2-second rule. When the car in front of you passes an object count 2 seconds before you pass that object. The rule increases to 4 seconds in incrementally bad weather.
  • Be defensive. Don’t just watch what’s going on directly in front of you. Keep an eye on the surrounding drivers, so you can act quickly if an unexpected event occurs.
  • Cell phone usage. Nowadays, you can use voice commands to control actions on your phone. It’s not necessary to hold your phone and text in the car. Pulling your eyes away from the road for a second could risk you endangering your life or someone else’s.
  • Don’t drink and drive. Alcohol impairs your vision, judgment, and reaction time. Have a sober friend drive or get a ride service to pick you up if you’re going to drink alcohol.

Insurance Protection

Another way to keep yourself safe on the road is to have quality auto insurance. You should go over your insurance policy each year to add or change coverage based on your situation. The insurance agents in Pomona, CA at THINK Insurance & Financial Services can help you get on the road with auto insurance. While you’re there ask about home, life, and commercial insurance.

When Should I Purchase Life Insurance?

Life insurance provides benefits to your chosen beneficiaries after you have passed. The best time to purchase life insurance is when you are young and healthy. As you age, you may develop a medical condition that will raise your rates. Lock into a low rate while you are healthy. The insurance professionals at THINK Insurance & Financial Services will help you choose a policy that is right for you during this period of your life.

When you start working Full Time

Starting a full-time job in or near Pomona, CA, is an exciting event. Before you splurge on the fun things, make sure you purchase the necessities. The life insurance policy provided by your employer may not be enough. If something happens to you, ensure your family will have enough to pay off your vehicle, private student loans, apartment rental contract or mortgage, and other outstanding debt. Another expense to consider is the cost of the funeral or memorial service you prefer.

When you start a Family

Your life insurance policy death benefit doesn’t help you. Your life insurance policy benefits the people you leave behind. Feel confident that your partner and children will not suffer financial hardship due to your death. Think about the amount you owe on your mortgage, and factor in money for your partner to set aside for your children’s education. You should also consider purchasing life insurance for your children. If the unspeakable should happen, you will be able to provide a proper funeral or memorial service for your child without experiencing financial hardship.

You are never too youthful to buy life insurance. Life insurance is an investment in the future of your loved ones. Contact THINK Insurance & Financial Services to set up an appointment with one of our Pomona, CA agents. We want to help you explore your life insurance options and make the right choice.

Why should I get motorcycle insurance in Pomona?

Those that are in the Pomona, CA area will want to have some form of vehicle in order to get around the surrounding area. A very efficient vehicle that you should consider getting here is a motorcycle. When you are going to get a motorcycle here, you do need a proper insurance policy. There are several reasons why you should get a full motorcycle insurance policy when you are in the Pomona area. 

To Comply with the Law

One important reason that you should get a motorcycle insurance policy in Pomona is so you can comply with state laws. Those that are in this state and want to operate any vehicle on a public road are required to abide by the state’s liability insurance rules. These rules require that you carry a certain level of coverage, which ensures that you will be able to pay for any damages that you may cause. Having this coverage can help you to avoid penalization.

Cover your Asset and Investment

You will also want to get this insurance because it can cover your asset and investment. Anyone that gets a motorcycle will be investing in the purchase and maintenance of it. To ensure that this does not go to waste, you should make sure that you have full and proper coverage at all times. A motorcycle insurance policy will give you protection to repair or replace the bike.

Ultimately, it is a very good idea for you to get motorcycle insurance in the Pomona, CA area. When you are looking for insurance here, you should call THINK Insurance & Financial Services. When you call THINK Insurance & Financial Services you will receive the support you need to understand your options and pick a new insurance policy. 

How to Scale Your Commercial Insurance to Your Business

Scaling your commercial insurance is not all that easy. While the concept is a simple one for owners in Pomona, CA, the actual execution is rife for mistakes. THINK Insurance & Financial Services wants you to know how you can apply the principles to find a policy that will serve you when you need it the most. 

Stay On Your Toes 

Business owners already know that they have to have a thousand balls in the air to really keep everything moving. Even those who are removed from the small decisions need to keep close watch of how their business is progressing. The same is true for your commercial insurance policy. 

When you first began your business, you likely started very small. One shop, a few employees, and some basic equipment might have been all you needed. But as your company amasses everything from new technology to more clients, you have to ask yourself if your policy is covering these changes or if it’s still stuck at the very beginning. 

Spot-Checking Your Contract 

One of the biggest things a company has to account for is a liability. The more clients you serve and the more you do, the more chances you’ll get into some sort of legal problem. But even if liability is low on your concerns, there are likely some threats that loom large for you. 

If you have questions in Pomona, CA, THINK Insurance & Financial Services can lend a hand. Our staff will find out how you operate, what you depend on, and what you’ll need in case something goes wrong. Tailoring your policy starts with having an open and honest discussion, so contact us to get the ball rolling. You might be surprised at what’s available to you. 

Do I need home insurance in Pomona?

Pomona, CA is a very popular place for people to want to move to and visit. Due to this, there continues to be a lot of housing demand, which can make it a great place to own a home. If you are going to purchase a property here, you will want to secure and protect it as well as you can. A great way to do this is with a home insurance policy. There are several reasons why you need to get this insurance coverage for your home.

Gives Necessary Protections

A primary reason that you will need to get a home insurance policy is that it gives you necessary protections that are not provided by other forms of insurance. Your property is likely one of the largest assets you will ever own. When you get insurance, you are going to have the protection you need to repair or rebuild your home. Additionally, your policy will give you coverage for personal liability and protect your personal assets. 

Meet Requirements

You should also get this insurance to meet the requirements that are set forth by a lender or association. Most people will have insurance obligations that need to be met. If you have a mortgage, you need to comply with the obligations in your loan agreement. Those that live in a home association will need to understand and meet their association insurance rules. 

The Pomona, CA area continues to be a great place for anyone to purchase a home. To ensure your home is protected as well as possible, you should discuss your insurance needs with THINK Insurance & Financial Services. The insurance team at THINK Insurance & Financial Services can help you to choose a policy that will give the right insurance protection for your situation. 

How can an auto insurance policy in California protect me?

Anyone that lives in the Pomona, CA area should consider getting a car as it will make it much easier for you to get around town. If you do purchase a car here, it is important that you fully consider all of your insurance needs. Getting auto insurance is a great idea for anyone here as it can protect someone in many different ways. 

Protects Vehicle

One of the reasons to get auto insurance is that it can protect your vehicle. If you purchase a car, you are going to be making a very big investment. If you were to get into an accident or the car is stolen, you will need to spend a lot of money to repair or replace the vehicle. Fortunately, your auto insurance policy will give you the protection you need to cover this expense.

Gives Liability Coverage

Another advantage of auto insurance is it will give you liability coverage. Anyone in California should be aware of the liability risk that they take on at all times. With an auto insurance policy, you will receive protection for this risk. If you were to cause an accident and damages, your auto insurance policy will give the coverage you need. 

If you are going to purchase a car in the Pomona, CA area, it is very important that you get auto insurance as it will protect you in several ways. When you are looking for your next policy, picking the right one can be complicated. Due to this, you should reach out to THINK Insurance & Financial Services to get all of the assistance and support that you need. The team at THINK Insurance & Financial Services can help you to choose a policy that is right for your situation.

Do Health Insurance Companies Share Information With Each Other?

Oftentimes you may consider simply switching health insurance providers based on the rates that you’re getting right now. This can be a smart idea, but you should know that all Pomona, CA insurance companies are going to have access to the same information.

And it’s not just the insurers sharing this information.

Essentially, every insurance company you could hope to buy from has every piece of medical data that exists about you and is available. They talk with doctors and hospitals, they look at your records, they talk to your dentist if need be, and of course, they talk to each other. The insurance game is competitive, sure, but it doesn’t really do these companies any good to keep secrets from one another.

If some of the information that your previous insurer had is false or was registered in error, fortunately, there are ways to have this taken care of. Medical check-ups are, after all, where we get the term "second opinion." If your previous physician noted your high blood pressure, but you were just having a stressful day when you took the exam, there’s no reason that you can’t have a follow-up exam taken and submit those new results to your insurance company.

Ultimately insurance companies are looking at your medical records for your benefit as well as your own. They need to know the risk that they’re taking in covering you, and of course, they need you to be aware of those risks, as well.

If you’re looking to get covered in Pomona, CA, get in touch with THINK Insurance & Financial Services and see what we can do for you. You can call us, or get in touch through the THINK Insurance & Financial Services website.