Those that live in the Tucson, AZ area are going to have a variety of insurance needs. While you will benefit from coverage that can protect your most important assets, you also need to ensure that you have proper liability insurance protection. When you want to improve your personal insurance situation, getting an umbrella insurance plan would be a great option. There are a few reasons why you need to get this coverage.
Protection Against Major Accident Risk
Most people will get liability insurance through their home and auto insurance plans. In the majority of cases, there will be enough coverage under these plans to handle any claims. However, if there is ever a very significant insurance claim, it’s possible it could exceed your policy. When you get an umbrella insurance plan, it will provide the coverage needed to cover damages that exceed your other insurance plans.
Protection Against Risks Not Otherwise Covered
A home or auto insurance plan will cover many liability risks, but they are not completely inclusive. This means that you could be named in a liability claim that is not covered by these policies. Fortunately, you can get an umbrella insurance plan that will provide the general coverage you need to mitigate your personal liability insurance risks that are not otherwise covered.
When you are looking for an insurance plan and are in the Tucson, AZ area, you should speak with The Insurance House. The insurance team with The Insurance House knows how valuable the umbrella insurance plan is. The team here can give you the insight that is designed to meet your needs. This can ensure that you are properly covered for liability and make you feel secure about your liability limits.
The Tucson, AZ area continues to be a great place for people to visit or move to and call home. There will always be a lot that you can enjoy in the city and surrounding areas when you live here. As you are looking for ways to get around, buying a car is a great option. Along with your vehicle purchase, you also need to pick a new insurance plan. There are a few reasons that you should get auto insurance when you are here.
Insurance is a Legal Requirement
A primary reason to get an auto insurance plan is that it is a legal requirement. Those that live in this state need to abide by state rules surrounding auto insurance. Anyone that wants to drive a car here needs to get a full liability auto insurance plan. This coverage gives comfort that you will pay for damages if you cause some during an accident.
Insurance Protects Car
While having an auto insurance plan is important to ensure that you stay in compliance with state law, you should also get one to protect your car. Those who have decided to buy a car will make a major investment that they need to protect. When you get a full auto insurance plan with collision and comprehensive coverage, you will have the protection needed to repair or replace your vehicle following an accident.
Those who would like to get an auto insurance plan in the Tucson, AZ area should speak with the Insurance House team. When you call The Insurance House, you will get the support needed to choose a policy. This will ensure your car is protected and you are in full insurance compliance.
Based in Tucson, AZ, The Insurance House serves the community by offering residents a wide variety of policies. We want to help our clients plan for the future. For over 40 years, we have strived to provide excellent customer service.
Boat Insurance Myths To Avoid
During humid summers in Tucson, AZ, many people enjoy going out by the water to cool off and have a good time. If you enjoy exploring the waves in your boat, it’s important to have protection. Boat insurance will cover you if an accident occurs or an object hits your boat. If you have passengers on your boat, liability coverage protects you if someone gets injured or if your boat damages someone’s property. While you are researching coverage, avoid these common boat insurance myths.
I’m Covered Anywhere
This is a common misconception about boat insurance. Your policy will likely include a navigational limit. The navigational limit outlines the areas where you can operate your boat and still maintain coverage. If you operate your boat outside of the outlined navigational area, you will not be covered if you are involved in a collision.
I Can Just Add On Coverage To An Existing Policy
You will not be able to fully cover your boat if you attempt to add on coverage to your home or auto policy. Operating your boat comes with unique risks that only a comprehensive boat insurance policy can cover.
You Are Impacted By Natural Disasters Somewhere Else
This is incorrect. For example, as an Arizona resident, your boat insurance policy will not be impacted by severe weather in Texas or Florida.
The Insurance House Will Help You Enjoy Smooth Sailing
Visit our website today to learn more information about boat insurance.
Floods cause a tremendous amount of damage every year in the United States. Changing weather patterns and climate change have meant that no area is safe. Having a trusted insurance agent is a significant factor in having peace of mind. The Insurance House in Tucson, AZ believes in a family-friendly approach to customer service, and with more than 50 years in business, we have perfected it.
If a major flood hits your home, there is nothing you can do to prevent it. However, you can make sure that you have done everything possible to secure your content.
Grade your property
Depending on where you live, your home may not have a basement and is built on a cement slab. Grading your landscaping so that water does not pool near your foundation or slab is a preventative measure.
Gutters can become clogged, which does not allow water to travel freely through them to downspouts. Make sure your gutters are clean and the downspouts are directing the water away from your home.
Move important items
Make sure that if you have a second story, you move important things as high as possible. Even if it is not a second story, if you have any kind of attic, get as much up and safe as possible.
Keep systems above potential flood levels.
Know the potential for flooding in your area and the worst-case scenario. Ensure that your airconditioning unit, the electric box, and any systems possible are located above the highest known level. They should be on concrete slabs or pressure-treated wood.
No one wants to think about their home flooding, but being proactive can save you much potential damage. If you want to learn more about flood insurance, at The Insurance House in Tucson, AZ, we have answers for you. Stop into our office or give us a call.
Most often, people assume that getting a life insurance policy is complicated. But getting a policy that meets all your needs isn’t so difficult. Our agents at The Insurance House in Tucson, AZ, will walk you through the process, ensuring that you are in the know of every detail. Here are a few essentials of life insurance that you need to know.
Life insurance basics
A life insurance policy grants you the peace of mind you need to go through life by giving you protection on the life you are building on and that of your loved ones. Should you pass on, your loved ones are assured of tax-free benefits.
Types of life insurance policy
Term life insurance
This runs within a specified period of time, usually between 1 to 30 years. This can be renewed once the policy lapses. Payments can be arranged to be paid when the funds are required, such as children’s graduations.
Permanent life insurance
- Whole life insurance – This is where you pay a fixed premium where a fixed lump sum is paid upon your demise. The cash value is accumulated during your lifetime.
- Universal life policy – This offers a flexible premium and death benefit. You are in a position to change your monthly premiums should your financial position change over time.
Will my life insurance policy cover income replacement if you become permanently disabled?
In case of permanent disability, you must discuss this with the agents from The Insurance House as not life insurance policies cover permanent disability. For more information on life insurance, please visit our website or talk to The Insurance House agents in Tucson, AZ who will guide you to a policy that best meets your needs.
A life insurance policy does not cover income replacement because of disability as benefits are paid upon the insured’s death. However, it is possible to request the insurance company to add an additional rider to your policy, hinging against disabling medical conditions. An accelerated death benefit rider can also be added, which allows you to use your all or part of all your benefits should you face a chronic illness or become disabled.
Feel free to speak to The Insurance House agents in Tucson, AZ should you require additional riders to your life insurance policy or visit our website for more information.
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.
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.
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.
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!
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.
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.