The Insurance House

2801 E Broadway,
Tucson, AZ 85716

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Fulfilling Arizona’s Legal Requirement for Bond Insurance

Guard Your Construction Business in Tucson, AZ with Adequate Bond Insurance

At The Insurance House, we assist your Tucson, AZ construction business in fulfilling Arizona’s legal requirement for bond insurance. The Arizona state government mandates general and specialty contractors to procure bond insurance. It sets monetary criteria for the bonds and necessitates a policy per license, signifying that a construction company with multiple licenses would need to purchase more than one bond insurance policy.

The Basics of Bond Insurance in Arizona

Also known as a surety bond, bond insurance reduces the risk for those who employ contractors, guarding against the possibility that the contractor might not complete the job or pay all debt associated with the project. A licensed contractor can advertise that they are “licensed and bonded,” a prominent selling point attracting more business. Hence, bond insurance is vital for gaining a competitive edge.

State Requirements for Contractors

The amount of bond insurance a contractor needs to purchase varies with their construction specialty and annual gross revenue. For instance, a residential general contractor (GC) earning more than $750,000 in annual gross revenue needs a bond for at least $15,000. On the other hand, a commercial specialty contractor, such as a master carpenter, earning between $150,000.01 and $500,000 in annual gross revenue, needs a bond for a minimum of $7,000. The Arizona Registrar of Contractors provides a matrix specifying the qualifiers and minimum bond amount needed.

Insurance for New Contractors

The Registrar uses the terminology “contemplated gross volume (per license),” so new contractors merely need to estimate their expected earnings in their first year of doing business. A contractor who adds a license by completing training and an apprenticeship can estimate the anticipated income that their new specialty would contribute.

Per License Requirement

Arizona requires a separate bond for each specialty. This implies that an individual with a plumbing license and an electrician license would need two bonds. However, just like other forms of commercial policies, your insurance company can list these separate coverages together in one document.

Protect Your Construction Business Today

Contact The Insurance House to ensure your Tucson, AZ, contracting business remains compliant. We help you acquire the necessary bond insurance to operate legally in the state.

Getting More Liability Coverage in Umbrella Insurance

As a homeowner and vehicle owner, you likely already possess home and auto insurance. While these two policy types are essential, they may not provide the level of protection you might assume. Each insurance policy offers various types of coverage, including liability coverage. However, sometimes, these policies don’t extend far enough to cover serious accident costs fully. That’s where umbrella insurance comes into play. Here at The Insurance House in Tucson, AZ, we can assist you in supplementing your existing coverage with an umbrella insurance policy, providing a higher level of protection.

The Benefit of Extended Liability Coverage

Your home and auto insurance policies both contain liability coverage, but often, it’s not adequate. Serious accidents can result in substantial medical bills and other costs, like lost wages. At times, your home or auto policy might not sufficiently cover these expenses. By adding umbrella insurance, you will increase the liability coverage across your insurance policies. You amplify your home and auto coverages from a single policy, creating a safety net for costlier accidents.

Overcoming the Aftermath of Accidents

Umbrella insurance is typically purchased substantially to ensure enough coverage for even the most serious accidents. If your home or auto policy is depleted after an accident, that’s when your umbrella policy steps in. This procedure keeps you from having to out-of-pocket any remaining balance after the initial policy has exhausted its coverage.

Securing Your Umbrella Insurance

An umbrella policy offers enhanced protection against severe accidents. When you’re ready to explore umbrella insurance options or purchase a policy, contact us at The Insurance House in Tucson, AZ.

How Often Should You Review Your Auto Insurance?

Reviewing your auto insurance policy is critical to determining whether you need to implement any changes. If you reside in the Tucson, AZ, area, The Insurance House can assist you with this review and any updates you may wish to make. The frequency of your reviews can depend on your particular circumstances, including factors such as changing vehicles or adding a new driver to your policy.

Typically, you’ll want to engage with your agent to review your vehicle coverage any time you enact a change that will impact your policy. This includes adding or modifying vehicles or drivers. Still, it can also be significant if you relocate to a different place or begin parking your vehicle at a different location regularly. In addition, you should request your agent to review your coverage at least once per year or when your policy is up for renewal.

If you’re unsure about whether a review is needed, don’t hesitate to ask. Our professional and committed agents are available to review your policy and recommend any changes. Reviewing your coverage more frequently rather than not often enough is generally advisable, so don’t be reluctant to consult with an agent about any potential changes you may need. Asking questions is critical to ensure you secure quality coverage you can rely on for the long run.

Contact us today at The Insurance House if you’re in the Tucson, AZ area and looking for an auto insurance review. We can examine your policy with you, propose and implement any changes, and inform you of any other considerations you might want to take into account. This can help you feel confident in your coverage, ensuring your vehicle is adequately protected.

What Happens If My Boat Is Damaged on the Road?

Summers in Tucson, AZ, practically demand that you spend time in the water, and if you’re a boat person, that’s even better. While you’re looking into boating options, you will probably have questions about coverage. One thing that we get at The Insurance House pretty often is what happens when a boat is damaged while being towed to the lake.

Auto Policy

Before we get into specifics, remember that every policy is different. Always check the details in your own policy before assuming any coverage.

With that said, in most cases, your auto policy will cover liability related to towing, even when you are towing a boat. So, if the boat causes damage or injury while you are towing it, your auto liability coverage still works.

Let’s be extra clear. The auto policy no longer covers the boat as soon as it is detached from your vehicle.

Another extremely important note is that an auto policy usually does not cover damage to your boat while you are towing it, even with comprehensive coverage.

Boat Policy

If you want coverage for the boat itself, that has to come from your boat insurance. Remember, there are many different kinds of boats and many different boat insurance policies.

You will want to specify that you tow your boat and that it needs coverage while on the road. The good news is that such coverage does exist and is rather common.

As long as you have such coverage, boat claims will pay out like any other policy. Submit the claim, and the insurance company will go through the red tape process. Then, you will get a payout. It will either help you fix or replace the boat.

The amount paid depends on the policy and the circumstances, but that is the gist of how boat coverage works while you are towing.

If you want to learn more about policies to ensure your boat’s protection, contact your representative at The Insurance House. We serve people throughout the Tucson, AZ, metro area.

Myths and Facts About Flood Insurance

The purpose and value of flood insurance are well known. However, there are still misconceptions about flood insurance. It’s common knowledge that property owners in a flood zone must purchase flood insurance to protect their property. If you live in the Tucson, AZ, area, we encourage you to bring your flood insurance questions to our agents at The Insurance House. We’ve been providing area residents with exceptional customer service since 1963. We love an opportunity to discuss your insurance needs and help you discover how best to protect your assets. 

Flood Insurance Myths and Facts

Some believe property owners in high-risk flood areas cannot buy flood insurance.  However, the NFIP (National Flood Insurance Program), founded in 1968, states that properties in high-risk areas are mandated to buy flood insurance. However, it may have a higher premium than insurance for property that isn’t in such an area. Another misconception is that people aren’t allowed to buy insurance if their property has previously been flooded. However, you can purchase flood insurance if your community participates in NFIP. 

You might be worried about flood insurance coverage for your basement. However, the NFIP allows the sale of flood insurance with basement coverage for cleanup expenses and for appliances that service the basement area. You should remember that if your basement has been refinished, the flood insurance won’t cover the replacement costs of the refinished walls or renovated floors.

Call Us Today for an Appointment 

If you live in a flood zone, don’t leave your property’s protection up to chance. If you live near Tucson, AZ, you are invited to contact our agents at the Insurance House to discuss your property needs. Call us today for an appointment, and let us show you how we can provide your ideal insurance solutions. 

How Term Life Insurance Works

Why is Life Insurance Important?

Life insurance serves as a crucial safety net that should always be an integral part of financial planning. At The Insurance House in Tucson, AZ, we can assist you in navigating the various policies that align with your unique needs.

Understanding Term Life Insurance

Term life insurance gets its name from its characteristic of covering a specific time period or ‘term.’ During this stipulated term, if the policyholder passes away, the insurance company pays the agreed-upon amount to the beneficiaries. But it’s important to remember that this policy type expires at the end of the term. The appeal of term insurance lies in its affordability and the financial security it provides during the policy period.

The Benefit of Reduced Cost

Compared to whole life insurance, term life insurance is significantly less expensive, making it an enticing choice for many. While it doesn’t inheritably build cash value like a whole life policy, economical pricing balances it out as it tends to align better with limited budgets.

How is it Different From Whole Life Insurance?

Unlike term life insurance, a whole life insurance policy garners a cash value, which the policyholder can borrow against if necessary. While term life offers protection during the allotted term, whole life insurance assures coverage throughout the policyholder’s lifetime. However, this extra benefit translates into a higher overall cost.

Obtaining Your Life Insurance Policy

Life insurance is a credible means of safeguarding your family’s financial future. Connect with us at The Insurance House in Tucson, AZ, to explore the right policy for you.

What is the benefit of having a bond insurance plan in Arizona?

Starting your own business and being a professional in the Tucson, AZ area is a dream for many people. When you start your own professional business or practice, having the right insurance is very important. One type of coverage all people here need to have is bond insurance. The many benefits of bond insurance make it an excellent option to obtain.

Protect Financial Losses

Bonds insurance, often referred to as a surety bond, is a type of insurance that you can provide to reassure a customer that you will be able to finish a job. The customer could file a claim if you fail to fulfill your obligations. A bond insurance plan offers support for settling these claims, which can save you a lot of time and stress.

Improved Reputation

Having bond insurance is also important as it can improve your reputation. Today, when many people are looking to hire a professional contractor or other individual, they will ensure that everyone is licensed, insured, and bonded. Not having bond insurance could hurt your reputation and affect your ability to win business. At the same time, having bond insurance is often a requirement to work in certain areas. The proper coverage will also keep you in good regulatory standing.

Bond insurance is a very important type of coverage that everyone in the Tucson, AZ, area should get for their business. When you are ready to start looking for this insurance, you can begin the process by calling us at The Insurance House. Our team at The Insurance House will provide the support you need to create and build a new plan for your company.

What New Home Owners Should Know About Umbrella Insurance

Umbrella Insurance: Enhancing Your Homeowner’s Insurance Coverage

Homeowner’s insurance policies can cover many different things. However, it’s wise to thoroughly review each policy to spot any potential gaps or limitations. If there are aspects that raise concern, an umbrella insurance plan might be the solution you need to increase your coverage. For more information on umbrella insurance, please feel free to contact The Insurance House, serving Tucson, AZ.

Key Points to Know About Umbrella Insurance

In most cases, umbrella insurance is optional. While some forms of insurance, like auto insurance, are often mandatory, umbrella insurance is usually flexible. Nonetheless, it’s frequently advisable to secure umbrella coverage to mitigate risks. Most often, umbrella insurance plans can expand coverage for home, auto, boat, and RV insurance.

Umbrella insurance policies can often be customized to cover specific concerns. For instance, civil lawsuits are increasingly common in recent years. As a property owner, you might find yourself liable for the medical bills of individuals who were injured on your property. An umbrella policy can potentially offer protection against such legal cases. However, reviewing each insurance plan is crucial to understand what’s included and what’s not.

Compared to their vast coverage, umbrella insurance plans are often charged affordably. It’s smart to evaluate each plan in detail to determine how much protection it offers for you and your family. For further information about umbrella insurance or help in selecting coverage, don’t hesitate to contact The Insurance House, serving Tucson, AZ.

Auto insurance add-ons to consider

Everyone is pretty much aware of the three main types of coverage included in a traditional full-coverage auto policy. This is a liability, which is mandated, collision, and comprehensive. Our team of independent insurance agents at The Insurance House in Tucson, AZ ensures that all of our customers get a personalized auto insurance policy that includes any add-ons that make it the right one for you. 

Gap Coverage

If you have a newer vehicle and an auto loan, you might find that you owe more than the insurance will pay for the vehicle if you have an accident. Having gap coverage will help to fill in the gap between what you owe and what you get. 

Full glass coverage

Your comprehensive coverage usually includes glass coverage. But, you will need to pay the deductible, which can be $500. With full glass coverage, you don’t have to pay the deductible. It makes it much easier to go ahead and get it repaired. 

Rental coverage

Rental coverage will provide you with a rental car if your auto is damaged and needs repair or is totaled after an accident you are responsible for or where there is no fault. No deductible is charged, and it can be a lifesaver. This is not coverage for a vacation rental. 

Roadside service coverage

When you think about the type of coverage you get from auto club coverage, this is very much the same thing but at a more affordable price. It can provide a tow if you have a breakdown, charge you if your car doesn’t start, and change a tire for you. 

When you are considering a change of carrier or agent and live in the general Tucson, AZ, area, our team at The Insurance House is here to help. Give us a call today. 

Year-Round Coverage: Extended and Off-Season Insurance Options for Boats

Boating enthusiasts are keenly aware that enjoying the water comes with a significant responsibility. Whether navigating serene lakes or cruising through rivers, the joy of being on a boat demands a commitment to safety and protection. Ensuring the security of your vessel year-round is crucial. This extends beyond the traditional boating season, requiring comprehensive coverage that shields against potential risks during the off-season or while your boat is in storage. Serving Tucson, AZ, and neighboring regions, The Insurance House recognizes that boat owners value reliable insurance choices. These options offer peace of mind for you and your boat.

Ensuring your boat’s safety is a paramount concern when responding to the allure of the waves. Extended coverage options offer a comprehensive shield for your vessel throughout the year. Tailored policies provide seamless protection, including coverage for accidental damage and unforeseen incidents during off-season pursuits. This encompasses liability coverage for unexpected events on the water and robust protection against physical damages, instilling confidence as you navigate various risks, regardless of the season.

Off-season protection is integral for safeguarding your boat during storage or winter months. Specialized insurance options are meticulously crafted to shield against theft, vandalism, or damages while your boat is docked or in storage. Recognizing the challenges of maintaining a boat during downtime, comprehensive coverage ensures protection against unforeseen circumstances.

Ready to set sail with confidence? Contact The Insurance House today to explore our comprehensive boat insurance options. Whether navigating rivers or relaxing on serene lakes in Tucson, AZ, and surrounding areas, we’re here to ensure your vessel is covered, providing you with the assurance to relish every moment on the water. Protect your investment—reach out to us, and let’s sail confidently.

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