DIYbanter - View Single Post - Concerned about home inspection required for homeowner's insurance

[email protected]

On Mar 14, 6:18Â*pm, " wrote:
On Mar 13, 11:26ï¿½pm, wrote:

On Mar 14, 12:08 am, Jeff wrote:

wrote:
I'm in Florida. My homeowner's provider - Metlife - is non-renewing my
policy, apparently pulling out of the state after the 2004 hurricanes.

I just signed up with a policy through an independent agency with a
company called Security First. After first being advised it won't
require what they're calling a four-point inspection, now they're
saying it will. That's an issue unto itself but...

Google yields this on 4 point inspections:

http://www.square-oneinspection.com/4x/4point.html

The Four Point Insurance Inspection consists of a visual survey of the
following four primary components:

ï¿½ ï¿½ 1. Roof
ï¿½ ï¿½ 2. Electrical
ï¿½ ï¿½ 3. HVAC System
ï¿½ ï¿½ 4. Plumbing

The insurance companies are expecting the condition of the components
listed above to be working as intended within the manufacturer's
specifications. The criteria used to judge the components include:

ï¿½ ï¿½ ï¿½* Current operating conditions
ï¿½ ï¿½ ï¿½* Scheduled maintenance requirements
ï¿½ ï¿½ ï¿½* Expected service life

ï¿½ ï¿½Why worry about anything else, they aren't.

ï¿½ ï¿½Jeff

There are some issues with the interior of the house - I've got some
of the tile pulled away in a shower stall that had some water seepage,
one wall in master bed with the sheet rock removed where I repaired
some carpenter ant damage. Also some holes in the sheet rock in the
garage - one where I knocked it away to determine where a leak was
coming from. Turned out it was just the hot water tank, also a couple
of other spots where I cut out a section of sheet rock to inspect for
other carpenter ant damage.

Could this be an issue? Should I scramble to patch these things up
before the inspection or is it not a concern? Otherwise the house is
in decent shape. Just had a new roof (shingles and paper) put on after
the hurricanes.

What I'm also concerned with is this turning into some kind of
extortion/scam - where they "find" problems that they claim need
fixing and oh, they just happen to know someone who will do the work,
knowing I have to have a thumbs up to get insurance coverage.

I don't see why you would worry about this. ï¿½You don't even have a
policy with them. ï¿½If they fail anything, you can choose whether to
fix it or not and if so who you choose is entirely up to you.

As for concern about passing the inspection, I'd say it's hard to
say. ï¿½ For example they could have a basic reqt that the house has to
be CO worthy. ï¿½ I think missing sheetrock in the bedroom probably
means it's not. ï¿½Worse case they may squak about something. ï¿½ Then you
can fix it or try another company.

You dont get it, if their home doesnt pass inspection not only will
this company not insure them but no company will. Apparently like
credit reporting the info is shared on a national database of some
type......

Hmmm, they won't ever be able to get insurance again? It seems a lot
more likely to me that if the insurance company inspection finds some
problem of the nature mentioned, ie, some missing drywall, they will
say they will insure the property provided it is fixed. Perfectly
normal.

Now, personally, I'd fix the obvious stuff that needs fixing first
just to avoid any hassles.

Try to fix everything you can before the inspector comes.

or they might fail some stuff and jack up your rates a lot, in florida
they are already sky high- Hide quoted text -

- Show quoted text -