09/16/2026
What should homebuyers know about homeowners insurance before buying a home?
Homeowners insurance is more than another line item at closing. For most financed purchases, your lender will require coverage before the loan can be funded, but understanding the policy matters just as much as having one.
A few things buyers should know:
• Coverage varies. Policy limits, deductibles, exclusions, and available protections can differ significantly.
• Flood insurance is separate. A standard homeowners policy generally does not cover flood damage.
• The cost matters before you buy. Insurance premiums become part of the ongoing cost of owning the home and can affect your monthly housing expense.
• Start early. Getting quotes during the buying process gives you time to understand the coverage and compare options before closing.
Especially when buying a home in Lafayette or Acadiana, insurance should be part of the conversation early—not something discovered at the closing table.
Good coverage today. Peace of mind tomorrow.
Jason LeMaire, REALTOR® | Compass
Founder, LeMaire Property Advisory™
Clarity. Guidance. Ex*****on.
LeMairePropertyAdvisor