Is Renters Insurance Required?

Many people have never heard of renters insurance, and some might even question why it would be necessary. The fact is, renters need protection from the unfortunate just as much as home owners do. They may need it even more. Renters often live in buildings with multiple units. This raises the risk of an individual causing an incident that could impact other renters within the building. What can a renter do? They can insure their possessions so that if the worst comes to pass, they can recover much more quickly. Our agents at THINK Insurance & Financial Services can help them with that.

Renters who learn about renters insurance often have a variety of questions about it. Here at THINK Insurance & Financial Services, we can discuss your questions and fill you in on the value of renters insurance. We’ll even help you sign up for dependable insurance that is provided by reputable companies. This saves you the trouble of making a long list of phone calls to various insurance companies or reading dozens of websites. We’ll have all that information in one place and give you the answers you need. You can leave our office with the insurance coverage policy you can use. Save yourself the time and hassle of doing all the research yourself. We will provide all the latest information in one place and at one time. Renters living around Pomona, CA can rely on us to treat them with respect and offer services that provide peace of mind.

Renters insurance is not required by law. However, some rental companies require it as a condition of their rental agreement. This kind of protection just makes sense, and our agents are pleased to help renters throughout the Pomona, CA area. Contact us today.

Does Condo Insurance Cover Condo Vacation Rentals?

More people than ever are looking to rent out their homes, condos or townhouses as vacation rentals. This is because the internet makes it easy to do so. If you are considering doing this, you may find yourself wondering if your regular condo insurance coverage still applies if you use your condo as a vacation rental. Here at THINK Insurance & Financial Services, serving the greater Pomona, CA area, we want you to be informed. Here is what you need to know about condo insurance and condo vacation rentals. 

A regular condo insurance policy is designed to cover you living in the condo. It is not designed for people who are planning on renting their condo out, either for short or long term rentals. If you are planning on renting your condo out as a vacation rental, you may need what is known as a short-term rental policy or a vacation rental insurance policy. If you are planning on renting out your condo for a long period of time, you may need what is known as a landlord insurance policy. The right insurance policy will cover you and your property when you are renting out your condo. 

Having the right insurance policy in place for your condo is important, and the right type of policy varies based on how you plan on using the space. Whether you are looking to reside in the condo, rent it out as a short-term rental or rent it out for the long term, THINK Insurance & Financial Services, serving the greater Pomona, CA area, can help you get the right insurance policy for your needs. Contact us today to get started.