Living in the Pomona, CA area can be a great experience. The area also has a good real estate market, which makes it a good option for home buyers. If you are looking to buy a home in this area, you should get home insurance on your property as it will benefit you in several ways.
Gives Necessary and Valuable Coverage
Your home is an enormous asset and investment. The best way that you can protect it is by getting a home insurance policy. When you get home insurance, it will not only protect your home and personal belongings from a variety of risks, but you will also receive great personal liability insurance coverage.
Ensures You are Compliant with All Agreements
Another reason why you should make sure that you get home insurance for your Pomona, CA area home is that it will ensure that you are in compliance with all agreements. Most people in this area have a mortgage that was used to purchase the property. If this is the case for you, the lender will undoubtedly require that you have home insurance at all times. Additionally, if you live in any type of home association, the related association documents will likely require that you carry home insurance. If you do not carry insurance, you could face penalization from both your lender and the home association.
Since there are many benefits to having home insurance, you should contact THINK Insurance & Financial Services whenever you are looking to buy a property or want to evaluate your home insurance needs and options. The team at THINK Insurance & Financial Services can help you to figure out what type of home insurance is right for you, which will allow you to get into a great policy.
When driving, it is natural to assume you’d be protected financially if an accident occurs. Even if you have the minimum insurance coverage required by state law, that doesn’t necessarily mean you’re fully protected if injured by another driver during an accident. If the driver is uninsured, you may find yourself responsible for hefty medical bills. THINK Insurance & Financial Services in Pomona, CA suggests that drivers consider any additional uninsured motorist coverage.
Uninsured motorist coverage is typically broken down into two parts: bodily injury and property damage. With the former, the insurance policy covers injuries caused by an uninsured driver during an accident. The policy will also include injuries related to accidents from a hit-and-run driver. For uninsured motorist property damage, the plan offers payment for damages done to your vehicle and other forms of personal property.
One of the main reasons drivers don’t choose to add uninsured motorist coverage to their policies is because they question why they should be responsible for another person not having insurance. Although in a perfect world this should be the case, you still run the risk of being involved in an accident with an uninsured driver. National estimates indicate that approximately 13 percent of all drivers on the road don’t have automobile insurance.
A major benefit of uninsured motorist coverage is that you won’t have to enter into a long legal battle with the other driver. Although you can sue an individual for medical costs and property damage fees, the process is drawn out and costly. Also, even if you have health insurance coverage, you will need to pay any deductibles and co-payments out-of-pocket. Also, your insurance company may want to enter a claim against the driver responsible for the accident.
Looking to learn more about your automobile insurance options? Contact THINK Insurance & Financial Services, an agency serving Pomona, CA drivers to find out how we can help match you with the right policy for your specific needs.