The Insurance House

2801 E Broadway,
Tucson, AZ 85716

Get Directions

Important Facts About Bonds Insurance

Based in Tucson, AZ, The Insurance House offers insurance coverage to residents throughout the community. We offer multiple insurance policies to help ensure that our clients are covered in every aspect of their lives. We look forward to establishing long-lasting relationships with each of our clients.

Bonds Insurance

Companies need a security net when they issue bonds. Bonds insurance is an asset that provides a layer of security when companies issue bonds. Bonds insurance outlines the terms of the payment schedule to bondholders. If there is an issue with repayment, bond insurance helps prevent the credit rating from going down. In this aspect, bond insurance is very beneficial to investors.

Bond insurance also has an impact on the bond’s interest rate. Bond insurance also assists companies who are looking for investors. The policy makes it easier for investors to analyze the risks associated with bonds. The terms of the policy also impact the premium on the bond. Bond insurance may also improve the market liquidity of the asset. Investors are also protected if the company issuing the bond receives a rating downgrade. The policy primarily includes a specified guaranty.

Keep in mind that bond insurers usually only issue securities to companies that have high credit ratings. Insurers will also likely analyze the bond’s underwriting before choosing a policy. The bond insurance policy should also include collateral protection.

Consult With The Insurance House

Finding the right terms in a bond insurance policy can be a complicated process. However, we are committed to helping you find the right policy that will allow your company to thrive in the Tucson, AZ community. Contact our office today to learn more information.

Do I need umbrella insurance in Tucson?

Most people that live in the Tucson, AZ area will have a variety of personal insurance policies. One advantage of getting these insurance policies, which can include home and auto insurance, is that they will provide you with liability coverage. For those that are looking for more liability insurance, getting an umbrella insurance policy can be a good idea. There are several reasons why getting this type of insurance could be a good idea for you.

More Protection is Needed

One reason that you may need to get umbrella insurance is if you want more insurance protection. Someone that gets home and auto insurance will receive some liability insurance. However, if there is ever an extensive accident, you will have to come out of pocket if it exceeds your policy limit. In these situations, the additional umbrella coverage will provide protection on top of your base policies. 

Coverage for More Situations

Home and auto insurance policies will provide you with coverage for a lot of situations that could come with liability risk. While this is an important coverage, it does not cover all situations that could come with liability risk. For those that want more coverage, getting an umbrella policy is a good idea as it will cover far more situations. 

If you believe that getting an umbrella insurance policy is right for you and you are in the Tucson, AZ area, you should speak with the team at The Insurance House. Picking an umbrella insurance policy can be a complicated process. To ensure that you are aware of all of your options, The Insurance House will work with you through the entire process. Our team here can answer any questions that you have to ensure you pick the right policy that meets your needs. 

Questions To Ask Your Insurance Agent When Shopping For Auto Insurance

Asking questions when you are shopping for auto insurance is important because it helps to save your money and time. Therefore, do not hesitate to discuss the policy with your agent and ask as many questions as you need. The Insurance House, serving clients from Tucson, AZ, recommends asking the following questions before signing an agreement: 

What Coverage Should I Get?

Since everyone’s situation is different, it is one of the most important questions to ask. You should also ask about the coverage limits – the maximum amount that your insurance policy will cover. Make sure that your coverage limits are enough, so you will not have to pay a lot out of pocket if something happens. 

Are There Any Discounts? 

Do not hesitate to ask about the available discounts. Most insurance companies have them, which allows you to save a lot of money. The most common discounts are safety features, safe driver, paid-in-full, good students, and others. 

What is My Deductible? 

Before your insurance kicks in, there is a certain amount that you have to pay out of pocket. It is called a deductible. The cost of your insurance depends on the deductible you have. If you want to save some money and pay lower premiums, then you should get higher deductibles. 

What Will Be Covered In Case Of An Accident? 

Be sure to get the specifics on what will be covered if you are involved in an accident. Even though it is unpleasant to think about such an unfortunate situation, you need to discuss it in advance to be prepared and to know what to expect. 

If you are a car owner living in Tucson, AZ and you are looking for auto insurance for your vehicle, The Insurance House is the company you can trust. Whatever questions you have, our experienced agents are ready to answer them and provide you with the detailed information you need. We do our best to find an insurance policy that will suit your needs. Give us a call today – we will be happy to assist you!

Four Boating Safety Tips For your Next Outing

Regardless of the immense experience a boater possesses in Arizona, its a good idea for everyone to keep abreast of safe boating tips and practices. New boat owners need to familiarize themselves with the boating rules and regulations before embarking on a mission on the water. From sustaining your boat to observing your crew’s safety, ownership comes with a lot of obligation after buying your first watercraft. At The Insurance House, we emphasize on keeping boat safety regulations, especially for Arizona residents, to minimize boat accidents and fatalities.

Safety boating tips to observe on a boating expedition

  • Owning a boat safety kit. Anticipating for a contingency is not always possible, so be prepared in case you encounter them. If you are undertaking a journey on water, you are likely to subscribe to specific safety measures. Your boat safety kit should be kept on board at all times, no matter the size of the boat. These essential items should be in your safety kit: flashlight, first aid kit, whistle, fire extinguisher, life- jackets, and possibly a flair.
  • Enroll in a safety boat course. Minimized accidents and death occur on boats when the operator has undertaken a safety course from a provider offering a class that meets U.S Coast Guard-recognized national standards. You may even qualify for reduced premiums if you complete a safety course successfully.
  • Avoiding boating under the influence of drugs: Boating under the influence of drugs affects one’s concentration and ability to operate and therefore increases the incidences of accidents and fatalities. Effects of alcohol are greatly aggravated by exposure to sun, noise, and vibration.
  • Boat overload. Ensure that you observe your boat’s carrying capacity confinement. Overloading your boat with a crew or any luggage can make it unstable hence capsizing could be imminent.

With all the dangers that come with boating, it’s a good idea to have boat insurance in Arizona. For more information, visit the Insurance House in Tuscon, AZ.

When Is Flood Insurance Required in Arizona?

If you’re new to living in Tucson, AZ, or about to move there, you may not realize just how often floods occur in the state. There are a large number of floods in desert areas like Arizona. For this reason, you’ll want to get flood insurance early on from a reliable company such as The Insurance House. 

The Danger of Floods in Arizona

Much of Arizona is considered to be in a 100-year flood zone. In such dry places, the water has nowhere to go in the low-lying areas where there’s little rainfall. Since homes are at low elevation to zones, many are at risk of damage from flooding.

Though the National Flood Insurance Program offers coverage for losses after flooding, the private insurance market often can provide coverage for certain risk situations and provide homeowners with better coverage.

The Truth About Home Insurance and Flood Insurance

The majority of home insurance policies don’t include any flood insurance in them. It’s important to seek this out separately if you live in a spot that’s considered to be a designated flood plain as your mortgage company can require this. Besides, it’s just plain good sense to have this coverage in place to protect your home and belongings within it.

Since there can be devastation when a natural disaster strikes and you don’t want to be unprepared, shop around for policies right away if your homeowners’ insurance doesn’t include this.

Assistance from Expert Insurance Agents

The Insurance House of the Tucson, AZ area can help you to get the right coverage for your needs. An agent is available to discuss your concerns and find out what level of insurance would be ideal. Contact us today, and we’ll be glad to talk through your options.

When is the best time to buy Life insurance?

We all have our preferences when it comes to life insurance. If you have no dependents like a wife, children, parents, young siblings, or grandparents, life insurance for you may not be a priority. However, if you are in a condition where you could impose financial hardship on others, then you should think critically about life insurance. At The Insurance House, we recommend buying life insurance as early as possible when you have fewer responsibilities. So, when should you get yourself a life insurance policy? Let’s find out.

You are getting married soon or just got married

Now that you are no longer single, it is essential to start planning on building long-term financial security with your partner. Marriage is full of responsibilities; you want to make sure that both you and your spouse are financially secure when one of you is no longer there.

You are planning to have children or just welcomed one

If you are thinking of enlarging the family, you should also think about their future and how you can safeguard it. Think about their health, education, shelter, and expenses, can they sustain themselves once you are gone? Life insurance can help take care of this, even if your spouse is working. Therefore, as you pay attention to a new home or a new car, think about life insurance.

You just became a homeowner or will soon be

One of the most fulfilling financial experiences is owning a home. Are you planning to buy or build a house in Tucson, AZ? Well, congratulations in advance! However, think about a scenario when your paycheck disappears, and you have no income to sustain your family or just discovered you have a severe health condition that commands a lot of money to be treated. Life insurance is an excellent way to sort your troubles.

As we have seen, different lifestyle changes call for different insurance needs. An insurance expert at The Insurance House in Tucson, AZ can help find a policy that is professionally customized to fit your needs and budget. Contact us today!

What Is Bond Insurance and Who Buys It?

When you need to guarantee bonds issued by your company, bond insurance provides investors with the confidence needed to back your debt restructuring. To learn more about bond insurance, contact The Insurance House in Tucson, AZ. In the meantime, keep reading to learn what bond insurance is and whether it suits your business needs.

What Is Bond Insurance?

Bond insurance guarantees the repayment of the principal as well as interest to bondholders. It takes effect if the bond issuer, who purchases the insurance, defaults on the debt. Bond issuers buy insurance to improve their credit rating. This typically lowers the interest they have to pay on the debt. It also makes the bonds attractive to investors.

Asset-backed securities and municipal bonds often have bond insurance on them.

How Bond Insurance Works

The creditworthiness of the issuer affects the rating of bonds. Riskier issuers receive a lower credit rating. In order to get a better rating that results in lower interest rates, companies purchase bond insurance. This makes it easier to find investors. The insurance company assesses the risk of the company when it sets the premiums for the bond insurance.

Other Considerations

Bond insurers tend to issue securities only to companies with invest-grade underlying ratings — with underlying credit ratings between BBB and AAA. If the bond issuer defaults, the investor shouldn’t experience a disruption. The role of the bond insurer is to make principal and interest payments owed to investors going forward.

To learn more about how to purchase bond insurance for your company or organization, contact The Insurance House. Set up an appointment to talk to your agent about whether bond insurance is a good investment for your business in Tucson, AZ.

Umbrella Insurance Coverage: Luxury or Need?

Insurance is designed to protect your most important assets, such as your home, vehicle, boat, and other valuables. When purchasing your policies, don’t underestimate the coverage that umbrella insurance has to offer. Umbrella insurance provides extra liability protection to safeguard your assets against accidents at home or on the road. Here’s what an umbrella policy from The Insurance House in Tucson, AZ has to offer.

How Does Umbrella Insurance Work? 

Umbrella insurance is additional liability insurance on top of your auto, home or renter’s liability coverage. In fact, you cannot purchase an umbrella policy unless you have other liability coverage already in place.

Liability insurance pays for injuries or damage to others in accidents that are your fault. Standard home, auto, boat or renter’s liability insurance has limits for the protection it provides. If you cause an accident where injuries or damage exceeds these limits, umbrella insurance will cover excess costs. Umbrella insurance kicks in where your other liability coverage leaves off, protecting your assets against financial loss.

Who Can Benefit from Umbrella Coverage?

If you’re wondering if umbrella insurance is for you, imagine the consequences of being sued for a mishap at home or on the road. A major lawsuit could deplete your savings or retirement funds or force you to sell your home in an effort to cover legal or settlement costs. Umbrella insurance protects these and other financial assets such as investment accounts or future income against unforeseen accidents that can lead to financial ruin. If you have substantial assets, you can greatly benefit from the protection that umbrella insurance has to offer.

To learn more about umbrella insurance or to obtain an umbrella policy, call or visit us at The Insurance House in Tucson, AZ. We’ll help you determine the amount and scope of coverage you need to protect your assets.

Avoid These Common Winter Auto Claims

Winter weather means snow, ice, and other challenges when you travel out of the temperate Tuscon area. If you are heading out to a part of the country that may present winter weather hazards, take precautions to avoid these common winter auto claims. These tips from The Insurance House can help protect your car and, perhaps, your safety.

1. Ice on the roads

Ice is actually more dangerous on the road than snow. Be sure that your tires are in good shape and properly inflated before you head out. If you know that the roads are icy, stay well below the speed limit to stay safe. If you hit a slick patch and start skidding, don’t slam on your brakes or jerk the steering wheel. Instead, just ease off the gas and gently steer into the skid.

2. Falling branches and tree limbs

Tree limbs and branches can become weighed down by snow and ice. Avoid parking your car underneath trees if at all possible to prevent tree branches from falling on your car. 

3. Collisions

When driving in snow and ice, you don’t only need to look out for yourself, you have to watch for other people as well. Pay close attention to other drivers and allow for extra stopping distance between your car and those of others. Stay well under the speed limit and be extra attentive in icy intersections to avoid collisions with other drivers. 

Despite your best efforts, sometimes things happen that are out of your control. If you have a winter weather-related problem with your car and you need to file a claim, contact the helpful folks at The Insurance House in Tuscon, Arizona. We will be glad to answer your questions and help you file a claim.

What doesn’t home insurance cover?

When you own a home, having a good home insurance policy is a must. You may think that you are protected against anything that can happen to your home when you have insurance. In Tuscon, AZ, like other places across the country, there are a few things that your home insurance doesn’t cover. At The Insurance House, we have the expertise to help you to choose the perfect home policy for your home and your budget. 

Home insurance doesn’t cover

  • Owner Neglect
  • Termite damage
  • Flood water
  • Mudslides
  • Earthquake
  • Sink Holes
  • Sewer backup
  • Expensive Jewelry

Owner neglect covers many issues. If your roof leaks because it was neglected, you are at fault, and your home insurance won’t reimburse you for the damage caused to your home.  

Termite damage is the result of homeowner neglect and won’t be covered either. 

Floods are one of the most damaging things that can happen to your home, and you need to purchase separate National Flood Insurance to protect your home. 

Mudslides are often the result of earth movement, which is another name for an earthquake, which is not a covered event. 

Sinkholes have become common in some areas, and they are usually not covered under a basic home policy. You may, however, be able to buy an additional add-on to your policy. 

Sewer back up is not covered under standard home insurance. A few companies do offer an endorsement for an additional premium, and if this is something that could happen, it is worth looking into. 

Expensive jewelry is not covered with your home insurance. The amount that they will pay for jewelry is typically about $1500. If you own some high-priced pieces, you should consider a jewelry rider to protect you from theft or damage. 

Homeowners in Tuscon, AZ are lucky to have The Insurance House and their experienced staff to help walk them through the complicated world of home insurance. Stop by or give our office a call for a no-obligation quote or to discuss your home insurance needs. 

 

Our Partners


  • American Modern
  • Austin Mutual
  • Badger
  • Bristol West
  • CBIC
  • Commonwealth
  • Encompass
  • Foremost
  • Hagerty
  • Liberty Mutual
  • Mapfre
  • Markel
  • Philadelphia
  • Progressive
  • Safeco
  • Secura
  • State Auto
  • The Hartford
  • Travelers