Month: January 2020

One of the most momentous occasions in someone’s life will come when they move into their very first home, which often is a rented apartment or another home. This is often a sign that someone has become independent and is ready to make their own life. While there is a lot of excitement that comes with moving into a new rented home, you also need to make sure that you spend time considering your insurance needs. There are several reasons why you need to have renters insurance. 

Will be a Requirement Under Lease

One of the main reasons why someone will need to have renters insurance is because it will be a requirement under the lease. Landlords are very well aware of the unique protections that are provided by a renters insurance policy. Therefore, this is an easy way for a tenant to receive protection for their assets and from liability, which ultimately benefits the property owner as well. 

Ensures Personal Belongings are Covered

When you move into a new home of any kind in Pomona, CA, you are also going to bring with many of your prized personal assets. If your property is vandalized or damaged by a fire or storm, you could face serious losses. To ensure that you have protection against these risks, all people are advised to have a full renters insurance policy before moving in.

Choosing a new renters insurance policy is a big decision for anyone in the Pomona, CA area. If you are evaluating your options for insurance, you should speak with the team at THINK Insurance & Financial Services first. The insurance team at THINK Insurance & Financial Services has experience in helping many different renters choose a policy that gives them the right liability and personal asset protection. 

Living in the Pomona, CA area is a great option for many people. This area has great weather throughout the year and also has a good local economy. When looking to live in this area, a lot of people may prefer to live in a condo due to the lower maintenance obligations and more manageable space. If you do choose to purchase a condo in this area, it is very important that you get condo insurance as it gives several forms of protection.

Provides Protection for Your Assets

Your condo is a very major asset and investment. To ensure that you are covered for a wide variety of situations that could cause a loss, such as fire damage or weather damage, you need to have condo insurance. This insurance can also give you coverage for your personal belongings, which could be valuable if damage or property theft occurs. 

Gives You Liability Coverage

Condo owners take on a unique set of liability, which is not necessarily matched by owners of single-family homes. Condo owners take on liability risk whenever they have a guest over. Additionally, if your condo has a bad leak and causes damage to another property, it will be deemed your responsibility. The condo insurance policy will give you coverage for both of these situations. 

If you want to buy a condo in the Pomona, CA area, it is important that you carefully consider your condo insurance needs. As you are shopping for a new condo policy, you should contact the team at THINK Insurance & Financial Services. The insurance team at THINK Insurance & Financial Services can give you great insight and suggestions that will help you to choose a quality condo insurance policy that gives the best coverage possible.