What is a “Four Point Inspection”?
A “Four Point Inspection” focuses only on four main systems within a home. The inspection report will include information about a home’s Roof Condition, HVAC (Heating, Ventilation and Air Conditioning), Electrical (wiring and panels), plumbing connections and fixtures.
Who needs a “Four Point Inspection”?
This type of inspection is often requested by insurance companies in exchanged for reduced yearly rates. Overall, insurance companies have become increasingly reluctant to issue Homeowner Insurance Policies on older homes (25 years). The common concern is that there may be conditions in an older home that could become a liability to the insurance company. In the eyes of an insurance company, older homes are more likely to have major system failures. Most homes have upgraded systems installed over many years (plumbing, roofs, AC units) and a four point inspection is a way to communicate these upgrades to the insurance company.
Can a “Four Point Inspection” save me money?
You will need to contact your home insurance company to answer this question. Most insurance companies have some form of a multi-point inspection that home owners can submit in exchange for a discount on premiums.
How long does this type of inspection take? Does someone need to be home?
A four point inspection takes one to two hours to complete, depending on the size of the home. If the home is occupied, an adult needs to be present for the inspection to take place. If your home has been upgraded, the inspector may need to ask specific questions to generate the most accurate report.