4 Point Inspection
4 Point Inspection
Understanding 4-Point Inspections In Florida – What You Need To Know
If you live in Florida, and you’ve recently purchased a home, you may be wondering what “4-point inspection” is, and why you need it. In this article, we’ll discuss the basics about 4-point inspections – what they are, what is included, and what you need to do if any issues are found with your home. Let’s get started now.
What Is A 4-Point Inspection?
A 4-point inspection is a type of home inspection that is required in Florida, either to obtain or maintain insurance coverage. This inspection was designed by home insurance companies to help them get a more comprehensive understanding of the buildings that they are insuring.
This is especially important if you have an older home. Older homes are more likely to be in disrepair, or to have had multiple repairs and additions that may not be up to modern standards. The insurance company must be aware of these things, to ensure that the home is eligible for coverage under their existing underwriting coverage.
For example, older homes often use fuse boxes with screw-in fuses – which was normal (and standard) in homes built in the 1950s. However, some insurance carriers have rules that prevent them from knowingly insuring any home with these kinds of outdated circuit breakers panels.
Most insurance companies will only request a 4-point inspection after the home reaches a certain age. Some others will require any newly-purchased home to have a 4-point inspection performed. This varies, based on your insurance company and their underwriting rules.
What Is Included In A 4-Point Inspection?
The 4-point inspection includes a visual-only examination of the following four systems, as the name suggests.
● HVAC systems
● The roof and related systems
● Electrical systems
These four “points” are responsible for the vast majority of insurance issues and risks, which is why they are chosen for this inspection.
Do I Need A 4-Point Inspection?
This depends on the age of your home, and your insurer. Most insurers in Florida require a 4-point inspection in homes older than 40 years, or rentals older than 30 years. Make sure to ask your insurer about their policy, to understand if you need an inspection.
What If I Fail A 4-Point Inspection?
There are many things that can cause your home to fail a 4-point inspection, such as shingle roofs that are over 19 years old, roof damage, knob-and-tube electrical wiring, a hot water heater over 18 years old, and other such problems.
Some insurance companies will not insure you at all if you do not fix the problem. Others will insure you – but add an exclusion for the faulty system. For example, if your home has knob-and-tube wiring, it may be insured – but any electrical issues will not be covered.
In most cases, the best thing to do is to replace the faulty system. This may be expensive – but it’s better than risking home damage that is excluded from your insurance policy.
Get A 4-Point Inspection Now In Florida!
If your insurance company is asking for a 4-point inspection, don’t wait. Use our website’s online scheduler to make an appointment now, and ensure that your home is in good shape, and will be covered by your insurance company.