Why do You Need a 4 Point Inspection?
When you are setting up or renewing a homeowners insurance policy for an older home, the carrier may require you to get a 4 point inspection. This type of inspection focuses on the 4 major components of the house: the HVAC, plumbing, electrical, and roof. It is not as extensive as a full home inspection, but it provides insurance companies with the information they need to make a decision.
Insurance companies want to know what material a house’s pipes are made from and the condition they are in. If a plumbing system fails in a home, it can cost well over $10,000 to replace the plumbing system. On top of that, a failing plumbing system can leak or even flood a home, causing thousands of dollars in water damage.
Heating and Cooling System
The HVAC system is a valuable part of a home. Any insurance company wants to know if the HVAC system has been maintained well and is in good working order. Some insurance companies require the house to have an HVAC system before they will provide coverage.
The Roof is Included in a 4 Point Inspection
The roof is another component, like the plumbing system, that can cause extensive property damage if it’s not in good shape. When the roof is in poor condition, the rest of the house and your belongings are threatened. The roof should be able to withstand heavy rain and winds, especially in areas where strong storms come through. A 4 point inspection will point out the roof’s vulnerabilities and provide suggestions for reinforcing it.
A malfunctioning electrical system is a fire hazard. Because a house fire almost always results in an insurance claim, insurance companies want the home to be free from dangerous electrical problems. An inspection of the electrical system helps homeowners uncover electrical issues before they threaten your home and your family.