Month: August 2025

Choosing the Right Home Insurance Policy

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Owning a home is a significant investment, and the best way to protect it is by having homeowners’ insurance. If you live in or around Metairie, LA, contact a local agent at Clockwork Insurance Services to find the best policy for your home.

The Importance of Home Insurance

In Louisiana, homeowners’ insurance is not legally required. However, if you have a mortgage or another loan on your home, your lender may require you to carry insurance. Even if it’s not mandatory, homeowners’ insurance is essential for safeguarding your investment and assets. It provides financial protection against losses caused by fire, hurricanes, tornadoes, and other disasters.

Different Policy Coverages

An agent can help you determine the best policy for your home. Common policy options include:

  • Dwelling Coverage: Protects your home and attached structures, such as garages or decks.
  • Personal Property Coverage: Covers belongings inside your home, including furniture, clothing, electronics, and jewelry.
  • Liability Coverage: Provides financial protection if you are found responsible for injuries or property damage caused to others while on your property.
  • Additional Living Expenses: Covers temporary accommodation costs if you are unable to live in your home due to a covered event listed in your policy.

You may also need additional coverage, such as flood insurance or earthquake coverage, which a specialized agent can help you determine.

Take Action Today

Don’t wait another day to secure homeowners’ insurance. A Clockwork Insurance Services agent serving the Metairie, LA, area can help you find the best policy and coverage for your needs. Call one of our agents today to get started.

Storms in the Gulf? Time to Act

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Hurricane Season

Establish your Business Plan When a Major Storm Is Forecast

  • Move inventory to high ground, secure location identified in advance or off-site location
    • (check with agent for off-premises coverage & any specific instructions for your business in your insurance policy).
  • Power down and elevate critical electronics
  • Deploy flood barriers (sandbags, door dams, etc.)
  • Protect documents and signage
  • Notify staff of store closure or adjusted hours
  • Communicate updates on your website and social media
  • Secure stock in waterproof containers

Set up a Personal Plan When a Major Storm Is Forecasted

  • Water & nonperishable items
  • First-aid kit along with any prescribed medications
  • Flashlights & batteries
  • Important documents
  • Cash
  • Keep your gas tank full 
  • Pet supplies
  • Prepare your home; secure anything in your yard including outdoor furniture
  • Clear gutters and downspouts
  • Check in with vulnerable relatives and neighbors
  • Be prepared to evacuate
  • Review insurance policies now to sure your coverage is adequate

IMPORTANT: Stay alert and keep up with weather updates. Pay attention for any evacuation orders and other guidance from local emergency management officials.

🚨 After the Storm

  • Take photos/videos of all damage before cleaning up
  • Secure your property from further damage
  • Do not discard any damaged inventory until inspected
  • Contact your insurance provider immediately
  • Take an inventory of remaining stock if loss has occurred
  • Keep customers informed on delays or reopening plans

Please remember that a waiting period of 30 days applies to all new and lapsed National Flood Insurance Program (NFIP) flood insurance policies as well as any requested changes to your existing flood policy. The current maximum flood insurance policy limits available through the NFIP are as follows:

  • $500,000 for commercial buildings and $500,000 for commercial contents
  • $250,000 for residential dwellings and $100,000 for personal contents
  • $500,000 building and $100,000 contents on commercial residential property with 5 or more units

Also note:

  • For commercial flood insurance policies, only 10% of your NFIP contents limits will apply to your tenant betterments and improvements, but more may be available through private flood markets.
  • Excess flood coverage may be available 
  • If you own or lease multiple buildings at the same location, each building must be insured separately for building and/or contents.
  • All Losses under the NFIP commercial flood policy are settled on Actual Cash Value basis (replacement cost less depreciation).

Like floods, earthquakes are another hazard usually excluded from your standard property policy. Unlike the federal flood program, earthquake coverage is written through private insurance carriers. If you are in an area prone to earthquakes, we recommend adding coverage to your policy. 

Please contact us at Clockwork Insurance 504-262-8240 or info@clockworkins.com to quote or review your flood and home insurance today!

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