4 Point Home Inspection Near Me
This inspection gives a homeowners insurance company direct insight into the current condition of your house, examining four major systems: roofing, electrical, plumbing and HVAC. By having this inspection performed, the insurance company will understand the true liability they’ll take on should coverage be given. 4-point inspection is an examination of the current condition of a house or condo reviewing four major systems: roofing, electrical, plumbing and HVAC.
This specific inspection is requested by homeowners insurance companies before someone can renew or be eligible for their desired coverage plan. More recently, insurance companies have been hesitant with providing coverage to homes on the real estate market over 20 years old due to their increased liability.
For example, someone seeking coverage for a home that is 30 years old may have electrical or HVAC system issues that could arise within the next few years. Insured homeowners will likely seek reimbursement for such issues, costing insurers more in the long run. Insurance providers utilize the results of this exam to have a clear picture of the financial risk being taken on with the insured property.
New homeowners can also use this as a tool to gauge whether the prospective property is worth the investment before fully committing financially to a mortgage. Noticeable issues found in the four major systems of the home can be telling of future headaches on the horizon.
There are several benefits to having a 4 point inspection done every year:
What's included in a 4 point inspection?
A 4-point home inspection is designed to cover the 4 major aspects of every home.
When having a 4-point inspection completed on your home, the inspector will examine the following systems:
This specific inspection is requested by homeowners insurance companies before someone can renew or be eligible for their desired coverage plan. More recently, insurance companies have been hesitant with providing coverage to homes on the real estate market over 20 years old due to their increased liability.
For example, someone seeking coverage for a home that is 30 years old may have electrical or HVAC system issues that could arise within the next few years. Insured homeowners will likely seek reimbursement for such issues, costing insurers more in the long run. Insurance providers utilize the results of this exam to have a clear picture of the financial risk being taken on with the insured property.
New homeowners can also use this as a tool to gauge whether the prospective property is worth the investment before fully committing financially to a mortgage. Noticeable issues found in the four major systems of the home can be telling of future headaches on the horizon.
There are several benefits to having a 4 point inspection done every year:
- Fast and inexpensive: These inspections are known for being inexpensive and are performed within a few hours.
- Understand the condition of your real estate: If you’re thinking of selling, this inspection can allow you to see what issues need to be addressed before proceeding.
- Avoid future headaches: Evade unexpected issues by proactively checking on the condition of the major systems in your home.
What's included in a 4 point inspection?
A 4-point home inspection is designed to cover the 4 major aspects of every home.
When having a 4-point inspection completed on your home, the inspector will examine the following systems:
- HVAC (heating, ventilation and air conditioning): Does your home have air conditioning and central heating? If so, what condition are the units in and are there obvious hazards?
- Electrical: Do you know the type of wiring running throughout your house? Homes with aluminum, knob-and-tube and copper wiring present increased fire hazard risks and are commonly uninsurable.
- Plumbing: Are the pipes in your home made of polybutylene, which is known to cause leakage problems? Inspectors will examine pipes to gauge their likelihood of bursting, which could lead to water damage.
- Roofing: Is there apparent shingle damage or cracked tiling on your roof? Inspectors will be looking to determine the age, material and life expectancy of the roofing system.