Homeowner’s Insurance

Insurance Types:

There are two types of insurance to consider when you are financing your home: flood insurance and homeowner’s insurance. If you have never owned a home before, you should know that the distinction of these two types of insurance could mean the total replacement of your home in the event of a catastrophic hurricane, tropical storm, or flood, or the total loss of your home. I have briefly described the two types of insurances below. Again, just as I recommend with your choice of Lender or Title Company, you are going to want to do your research on the best insurance companies, as some rates will be much higher than others.

Homeowner’s Insurance:

Homeowner’s insurance has two components – structure and contents. Structural insurance covers the actual home itself, the walls, framework, insulation, windows, doors, etc. You notice that I did not mention the roof. This is because one of the things that people in Southeast Louisiana have to consider is that some insurance companies require a separate and additional wind and hail “rider” or policy added to the insurance to cover damage from catastrophic wind events such as hurricanes and tornadoes. Be Sure to ask any agency their requirement on this.

The contents portion of the insurance insures the contents of your home. This can include all of the items that you move into your home – furniture, pictures, clothing, electronic components, books, BlueRay discs, etc. It can also include your dishwasher, washing machine, dryer, oven, etc. Basically everything that can be removed from the house is part of its contents.

Finally, outside your home, you may have sheds, storage structures, and even possibly fencing that may be covered under your homeowner’s insurance policy. Be sure to ask the agency how they handle the outdoor components of your home to make sure that everything that may have to be rebuilt or bought after a catastrophic weather event can be replaced.

Flood Insurance:

Flood insurance covers water. Water inside your home which floods your home. If you don’t have flood insurance, and your home is flooded, your homeowner’s insurance WILL NOT cover it. Consider the last two water events which just occurred in 2016 in Louisiana. The Baton Rouge area was flooded where it had NEVER flooded before. Parts of Washington Parish and Tangipahoa Parish as far south as Hammond flooded during this storm. In St. Tammany Parish, parts of Covington went under feet of water when it had NEVER flooded before. Also, during the Covington storm, the water flooded all the way out to Robert, Louisiana, as well. If there is ANY chance that any part of your property may be affected by a nearby creek, stream, or river, consider the possibility of purchasing flood insurance.

Obviously, there are well-defined areas of Southeast Louisiana which are located in a flood zone. These areas have been identified by FEMA on the new FEMA Flood Maps which have just been finalized. A lender would require flood insurance for any home built or purchased in these areas. If you are building a home in a flood zone, you will also have to meet certain height criteria for your new home, according to FEMA guidelines. If you are outside of the flood zone but still at possible risk of flooding, purchasing a flood insurance policy may not be a bad idea, and the price of the policy is greatly reduced when flood insurance is not required.

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The Kelly Waltemath Group

The Kelly Waltemath Group
5.0
Based on 16 reviews
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Drew Treuting
Drew Treuting
2020-04-07T20:23:27+0000
Kelly & Michelle worked with my wife and I to help us sell our first home and help us purchase our new home here at... Cypress Parks in Belle Chasse. The process was very easy and we recommend their services for anyone who is need.read more
Adrianne Daniel Billodoux
Adrianne Daniel Billodoux
2019-12-25T01:21:14+0000
AH! Where do I begin?! We had a 6 month journey with Chris. We were selling & buying. Sometimes the process isn’t... always rainbows and butterflies. But, Chris is one of the most positive individuals I have ever met. Chris cares, not only about his job, but his clients at a personal level & I believe that whole heartily. Sometimes, I can be well, difficult. 🤷🏼‍♀️ He always LISTENED to every one of my husbands and I concerns. He made sure to communicate with the buying agent and us very effectively and efficiently. In the end I wouldn’t have it any other way. If you are looking for MORE than just an agent to get you & your family through your selling or buying process, then Christopher Miguez is your man! Merry Christmas & Happy Selling / Buying ♥️🎄read more
Allie Thomas
Allie Thomas
2019-12-17T17:15:37+0000
Chris has been wonderful on helping us sell our house! Kelly and Michelle have also been a huge help when we have any... questions. We will definitely be using them in the future and I will be recommending them to anyone who needs a great agent! Thank you so much for everything my family truly appreciates!read more
Trevita Datmodel Jackson
Trevita Datmodel Jackson
2019-09-24T21:41:20+0000
I highly recommend Christopher Miguez, REALTOR He was very professional and patient with us, all while having fun when... looking for our dream home. He is great to work with and I would recommend him to anybody!!! Thanks Chris!!read more
Eden Buuck Gioe
Eden Buuck Gioe
2019-08-23T00:51:55+0000
Can’t recommend Chris Miguez from the Kelly Waltemath Group enough! He was always there to answer my questions & keep... me updated with every step of the process which, as a first time buyer, was invaluable! So thankful for him and the whole group!read more
Sara Laughlin Treuting
Sara Laughlin Treuting
2019-08-14T08:44:56+0000
Kelly and her team have been amazing to work with! From selling our first home to purchasing our next - she has guided... us through every step perfectly! I feel like we always have a million repetitive questions, but Kelly always answers them with such a quick response time. I highly recommend Kelly - she’s just so personable - like having your best friend leading you through such a major purchase. Thank you, Kelly!read more
Taylor Daigle
Taylor Daigle
2019-05-22T22:14:47+0000
Kelly helped making the process of buying my first home smooth and fun! As a close friend of Kelly’s, I had seen her... success in real estate from an outsider’s perspective, and now I understand why from first hand experience! The knowledge and experience offered by Kelly and her team helped me feel comfortable in a situation that was totally new to me. All of the recommendations that she gave me have turned out great - from lenders to offer amounts to storage solutions in the home. I recommend Kelly and her team 100% to anyone buying or selling a home. Thank you Kelly!!!read more
Stuart Rose
Stuart Rose
2019-05-20T01:48:01+0000
Kelly is the real deal! I had a gorgeous yet challenging home for her to sell. Not only does Kelly keep up-to-date... with the local real estate market when selling your home but her marketing and social media skills are the best in the business. Furthermore Kelly has such a positive attitude and works very hard on your behalf. She is also a delightful person and gets along well with everyone. I highly recommend Kelly to help you buy or sell your home.read more
Marc Seals
Marc Seals
2019-04-13T15:51:15+0000
She is the best! So glad I went with her! Her personality and experience in the market makes her #1 in my eyes! Bedico... Creek Subdivision Madisonville, Laread more
Eli Lewellyn
Eli Lewellyn
2018-10-06T02:39:32+0000
Great to work with! Got us a cash offer after only a few months.
Christi Amedee LeBlanc
Christi Amedee LeBlanc
2018-07-30T19:55:34+0000
Kelly is the best! She helped us sell our home and is currently navigating us with building a custom home in Bedico... Creek. Kelly is always there when we need her and goes above and beyond when it comes to customer service.read more
Andy Delaup
Andy Delaup
2018-06-10T21:33:22+0000
Kelly did a great job helping my wife and I find out beautiful new house. She was very responsive via email, call and... text, so any time we needed anything she was just a call or click away. I absolutely recommend her to anyone searching for their dream home!read more
Rosalind Pijeaux Hale
Rosalind Pijeaux Hale
2018-02-27T19:17:40+0000
Kelly's marketing skills are untouchable. Her use of social media and personal contacts with other realtors is what... makes her outstanding. She even keeps a list of potential buyers so that when a house becomes available she can notify them. She kept us informed throughout the process and answered all questions. Two offers were received one day after the house was on the market. THANKS Kelly!read more
Brenda Hubert
Brenda Hubert
2017-12-20T18:01:59+0000
Kelly went above and beyond. My house sold in less than 48 hours!! Kelly, you’re the absolute best. Thank you for... taking such great care of me!!read more
Tink O'Shay
Tink O'Shay
2017-06-24T20:41:18+0000
Eve Myers Herman
Eve Myers Herman
2017-06-23T03:05:39+0000
Our house had been on the market for 2 years with 2 different realtors with no success. We switched to Kelly and she... worked tirelessly until our house sold! She is innovative and energetic. I only wish we had switched to her sooner.read more
James Hagan
James Hagan
2017-06-22T01:29:16+0000
Kristi Bolian O'Brien
Kristi Bolian O'Brien
2017-06-22T00:55:26+0000
Kelly has been a real pleasure to work with. She is always available when we needed her. Her clients are her #1... priority and it shows in her work ethic. Highly recommend Kelly Waltemath!!!!!read more
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