Insurance companies want to mitigate any unnecessary future claims. That’s why they typically require a 4-Point Inspection before extending a policy to an older home.
This truncated home inspection includes only four critical systems: the roof, HVAC system, plumbing system, and electrical system.
Are you obtaining a new insurance policy or renewing an existing one? Most insurance companies require a 4-point inspection report before the policy can be written regardless of the age of the home.
Inspection requirements vary between insurance companies, and they can change at any time. As a result, it is important that you check with your insurance provider so you fully understand what is required for your 4-point inspection.
A Four-Point Inspection is a standard home inspection that focuses on the major systems of the home: roofing, electrical, plumbing and HVAC (Heating, Ventilation and Air Conditioning). This inspection is performed by qualified professionals, who will check each system for signs of wear and tear, damage and signs of aging.
For the roof, they’ll inspect the shingles, gutters and flashing, as well as the attic ventilation.
For the electrical system, they’ll check the panel, wiring, outlets and switches. For the plumbing, they’ll inspect the fixtures, water heater and pipes. And for the HVAC, they’ll check the furnace, air conditioner, and ducts. This thorough inspection will give you an overall picture of the condition of the home, and any maintenance that may need to be done.
Knowing the condition of these systems will help protect you from costly repairs and keep your home safe.
For more information on how we can help you make smarter
real estate investments or improve your quality of living, Contact today
4 point inspections may not be as comprehensive as a regular home inspection, but they hit on many important areas.
Insurance companies want to reduce the number of claims they have to deal with, and older homes statistically have more insurance claims. Requiring 4 point inspections before you can get insurance on an older home is one way they reduce their liability while still offering consumers the insurance they need.
This warranty only apply to full inspection report