Suppose you’re a Pomona, CA resident looking to protect your investment in your home, personal property, or both. In that case, property-based coverage options like homeowners insurance and renters insurance are absolute must-haves. But what is the difference between the two, and which is your choice?

At THINK Insurance & Financial Services, we can help you make sense of your options. In the meantime, here’s a quick look at the key differences to know.

What’s Covered

Homeowners insurance is designed for people who own their residences and need to protect not only their personal belongings but the residence’s structure. Homeowners insurance also protects the homeowner from liability for damages and injuries others may sustain while on their property.

On the other hand, Renters insurance is specifically for people who rent or lease their residences. It covers their personal property in the event of damage or theft but not the residence itself.

Legal Requirements

Federal or state law does not require you to carry either homeowners’ or renters’ insurance in California. However, certain factors may still make it mandatory.

For example, some landlords require their tenants to carry renters insurance to live on the premises. And if you have a mortgage on a home you own, your lender may require you to carry homeowners insurance until it’s paid off.

Do I Need Renters Insurance?

Many people think that they don’t need to worry about residence-based insurance if they don’t own their Pomona, CA residence. However, this isn’t true.

If you’re like most people, you’ve invested a lot in your belongings and personal treasures. Should they ever wind up stolen, damaged by a natural disaster, or lost in a fire, you’ll likely be able to replace them if you’re insured. You’re also protected should you ever be found liable for injuries and damages others sustain in your home.

Ready to take the next step? Contact a representative from THINK Insurance & Financial Services to discuss your options.

It’s easy to think of life insurance as something for older people, but it’s just as important for young people. Getting a life insurance policy now can help you prepare for unforeseen circumstances in the future and provide some much-needed financial security. Consider why life insurance matters when you’re young and living in Pomona, CA. 

Why Do I Need Life Insurance at such a Young Age? 

No one likes to think about the possibility of their own death, but life insurance is essential in preparing for the future. If you have children or are planning to have children soon, life insurance can provide them with financial security should anything happen to you. It’s also important to consider if you have any debt. A life insurance policy can help your family pay off any outstanding debts should anything happen to you. 

What Type of Life Insurance Should I Get? 

The type of life insurance policy you get will depend on your situation and needs. Term life policies are typically less expensive than other policies but don’t build cash value over time like whole or universal policies. A financial advisor can advise you on which type of insurance is best for you.

How Much Coverage Do I Need? 

The coverage you need will depend on various factors, such as age, health status, income level, and lifestyle habits. Talking with an experienced agent at THINK Insurance & Financial Services can help ensure that you have adequate coverage so that your family won’t be left without financial support should something happen to you. 

The best way to determine which policy is right for you is by consulting with an experienced financial advisor at THINK Insurance & Financial Services in Pomona, CA, who can evaluate your situation and recommend the best policy for your needs. 

Commercial truck insurance provides liability and casualty coverage for trucks, vans, and other large vehicles used on public roads for business. It protects businesses and independent operators operating semi-trucks, tractor-trailers, and other commercial vehicles for transporting goods or carrying passengers. Here are the most common questions about commercial truck insurance we hear at THINK Insurance & Financial Services In Pomona, CA.

Does my commercial truck insurance policy cover personal use?

It would be best if you didn’t assume that your commercial truck insurance policy automatically covers your truck when putting it to personal use—and several activities fall into this category. For instance, if you haul goods free of charge for a charity doing disaster relief, the operation of your truck would be defined as personal use. Hauling furniture and household goods when you move is also for personal use. It would be best to have general liability coverage or a business owner’s policy in these situations.

Are there any issues finding coverage for new drivers?

Most insurance companies have an unwritten rule that they only insure trucks driven by operators with at least two years of experience. THINK Insurance & Financial Services can help you find a company that insures new drivers for premiums you can afford.

What about high-risk drivers?

Some operators have excellent driving histories but develop troubling health conditions, like diabetes. THINK Insurance & Financial Services in Pomona, CA can help you find a company that insures them.

Does my policy cover hauls to Canada and Mexico?

Commercial truck insurance policies issued in the USA are not valid in Mexico, and there are numerous restrictions for transport to Canadian destinations. THINK Insurance & Financial Services works with insurance companies in Mexico and Canada that can sell you the necessary coverage.

THINK Insurance & Financial Services in Pomona, CA can answer all your commercial truck insurance questions. Call us at (855) 484-4654 today!

Motorcycle helmets have been proven to save lives. In fact, according to the National Highway Traffic Safety Administration (NHTSA), “helmets are about 37 percent effective in preventing fatal injuries to motorcycle riders.”

Despite this evidence, many motorcyclists choose not to wear helmets. One reason may be that they do not understand the risks of not wearing a helmet. This blog post will discuss the dangers of riding without a helmet and why it is important to wear one. It will also provide tips on choosing the right helmet and how to fit it properly. Finally, the benefits of wearing a motorcycle helmet will be outlined.

Always Wear a Helmet

Whether you are a new motorcyclist or have been riding for years, it is crucial always to wear a helmet. It provides protection against head injuries in the event of an accident and can also help reduce your risk of other serious injuries, such as road rash.

When choosing a motorcycle helmet, there are several factors that you should take into consideration. First, consider the fit – your helmet should sit securely and comfortably on your head without being too loose or tight. Also, choose a helmet that offers adequate protection based on your riding style and level of experience. For example, if you ride aggressively on off-road terrain, you will need a different type of helmet than someone who rides on the highway.

If you have questions about motorcycle safety, please call us at THINK Insurance & Financial Services today. We proudly serve the Pomona, CA area and would be glad to help you.

When it comes to life insurance, there are two main types of policies: whole life and term life. Here we will compare and contrast the two policies so that you can make an informed decision about which one is right for you. We will also provide tips on how to choose a policy. 

What is whole life insurance?

Whole life insurance is a type of policy that provides lifelong coverage. It is designed to provide financial security for your loved ones during your death. Whole life policies offer a variety of features, including cash value accumulation and tax-deferred growth. They are also relatively simple to understand and easy to apply.

What is term life insurance?

Term life insurance is a type of policy that provides coverage for a specific period, such as 10, 20, or 30 years. It is designed to provide financial security for your loved ones in the event of your death during that period. Term life policies are less expensive than whole life policies, but they do not offer the same level of coverage or benefits.

How do whole life and term life policies compare?

There are a few critical differences between whole life and term life policies:

• Whole life policies offer lifelong coverage, while term life policies only offer coverage for a specific period
• Whole life policies offer cash value accumulation and tax-deferred growth, while term life policies do not
• Whole life policies are generally more expensive than term life policies

If you have any questions about life insurance, give THINK Insurance & Financial Services a call today. We proudly serve the Pomona, CA area.

Health insurance has many benefits for people of all ages. Even young people can benefit from investing in health insurance. THINK Insurance & Financial Services is committed to educating Pomona, CA residents on health insurance benefits.

What are the Benefits of Health Insurance?

There are many benefits that come with investing in health insurance. Primarily, health insurance makes healthcare more affordable. It also allows you to practice preventative care. When you have health insurance, you can see your doctor regularly and when emergencies arise. This, in and of itself, is priceless. This allows you to catch health issues before they become out of hand. All of these benefits create a sense of peace. It’s a benefit to know that you can affordably get the healthcare you need at an affordable price. These benefits are a big help to anyone of any age.

Should I invest in health insurance?

As a young person, you can access health insurance at a relatively inexpensive rate if you don’t have any pre-existing or chronic disorders. Young people can often obtain health insurance at really affordable rates. If you choose to invest in health insurance at a young age, you can lock in good rates in terms of your monthly premiums. As people age, they tend to develop more health problems. This is why it may be an excellent decision to invest in health insurance while you’re young and your rates are more affordable. If you have questions about health insurance and its benefits, call us. We’d be happy to help you explore your options.

Condo owners have unique concerns about what’s covered by condo insurance. Although they own their unit, they don’t own the exterior or common areas of the condo. As a result, it’s often difficult to determine who’s responsible for what. Some forms of damage aren’t covered by your condo insurance or the condo association. Our team at THINK Insurance & Financial Services is invested in helping Pomona, CA condo owners understand what’s covered and what’s not.

What Does Condo Insurance Cover?

Typically, condo insurance covers the repair of your condo and provides financial compensation for repairing or replacing your damaged personal items. However, there are situations where damage or replacement may not be covered under your condo policy. Damage to your personal items or unit caused by burst pipes from another unit, or some other issue that affects your unit, should be covered by the condo owner responsible for the damage. The condo association may cover damage caused by circumstances outside your unit.

Will My Condo Insurance Cover the Flood Damage in My Condo?

Condo insurance will cover damage from pipes that burst inside your unit and various other forms of water damage expressly covered under your policy. However, condo insurance will not cover flood damage. Flood insurance will cover any damage caused by flooding. If you live in a flood zone, investing in a flood insurance policy is wise because your condo insurance will not cover flood damage. If you have questions regarding condo insurance, call us. We can help you explore your options.