In some cases, a Four Point Inspection may be required before a homeowners insurance policy may be issued on an older home.
This type of inspection focuses on the four most common aspects of a home that may have worn out over time or may need updated because failure could lead to significant damage to your home.
These inspections may be completed by qualified home or building code inspectors, registered architects, building contractors or a professional engineer. The four elements that will be inspected include:
1. Air & Heating
The inspector will inspect the size of the unit, the date in which it was installed and check to be sure the unit is in good working order.
2. Electrical Panels & Wiring
The National Electric Code is a standard that is adopted by states and is updated every 3 years to reset the minimum electrical standards for fire safety and technical improvements. Your home will be inspected for loose or exposed wire, appropriate grounding, and inspect the electrical breakers to insure they are the proper size. Exposed and old wires may require replacement or updates before the insurance may be completed.
3. Plumbing and Fixtures
This inspection involves looking at the age and condition of the plumbing – including everything from the water heater to the primary supply line and vents. When inspected they will primarily focus on leaks, shutoff valve function and the type of pip that is being used.
4. Roof
When it comes to the roof, the inspector will look at the age and condition, as well as note the type of geometry and construction. When it comes to the price of homeowners insurance roof shape is very important, especially in coastal areas.
