Types of Automobile Insurance You Should Consider

It can be quite confusing when you decide to get a car and then have to find the right insurance for your budget. There are so many different things to consider, that you may not even know where to start.

Here are some of the types of automobile insurance that you may want to consider. 

The basic insurance plan is liability only. This plan is usually not enough because it will only cover medical bills. It will not help you fix your vehicle or replace it if needed. 

For that reason, you may want to look into collision insurance. This will pay for damage to your car if you were in an accident. If it is totaled, they will give you money to help you find a replacement. 

Comprehensive coverage, though expensive, will cover a lot of damage.  It will help you fix your vehicle if it gets damaged due to the weather or a fire. It will also help you recoup your costs if it is broken into. Furthermore, it covers vandalism, floods, and even theft.  

You may also want to get uninsured and underinsured motorist coverage. This will cover your losses if you get into an accident with someone who doesn’t have enough insurance. 

Some people want rental reimbursement coverage in case they need to use a rental at any point. This is optional, but it may be something to consider. 

Though you may want to stick to the minimum amount of insurance, you have to remember that you will only have liability, which will cover medical bills, but that may be about it. If you want to make sure that you get enough insurance, contact us today at THINK Insurance & Financial Services in Pomona, CA. 

Types of Health Insurance

When you are in the market for health insurance, it can be confusing. There are many different plans from a number of different carriers, but talking to an insurance agent can help you to understand the choices better. The healthcare benefits included in a health insurance policy depends a lot on your budget, the type of risk that you present and the type of insurance that you want. If you need health insurance, give us a call at THINK Insurance & Financial Services in Pomona, CA.

Catastrophic Insurance

This type of health insurance is often the most affordable. It gives the policyholder a discount on in-network medical services but has a high deductible. With this health coverage, you often never meet the deductible unless there is a major health incident, hence the name. If a catastrophic expense pushes you over the deductible, the insurance begins to pay for the medical services after that amount. This is often chosen by those who are self-employed so that they have coverage in case of a major incident. 

Employer-Based Health Insurance

If you are an employer who is looking for a health plan for your employees, these plans generally come with a lower deductible. Employees usually pay for a portion of the premiums, though some employers do pay for 100% of the cost of this insurance. There are many types of plans that you can choose for employees, and the cost generally depends on the number of employees, the policy that you choose and the amount of risk that each employee has. 

Get Health Insurance Coverage

If you need health insurance, don’t wait. Every day that passes presents more risk of a sickness or injury. When you want to get started, call us today at THINK Insurance & Financial Services in Pomona, CA to speak to an insurance agent about your insurance needs.