
10 Critical Factors Insurance Companies Evaluate in Home Inspections
Understanding what insurance companies prioritize during home inspections can help you prepare your property and potentially lower your premiums. Here are the top 10 areas that insurers focus on when reviewing a home inspection report:
Roof Integrity: Age and Condition Assessment
Electrical Safety: Wiring and Panel Evaluations
Plumbing Health: Leak Detection and Pipe Condition
HVAC Efficiency: System Performance and Maintenance
Structural Soundness: Foundation and Frame Inspection
Safety Features: Smoke and Carbon Monoxide Detector Checks
Exterior Hazards: Tree Proximity and Landscape Risks
Moisture Management: Water Damage and Mold Identification
Property Maintenance: General Upkeep and Repair Needs
Home Security: Lock Systems and Alarm Installation Review
10 Alarming Reasons a Failed Home Inspection Can Void Your Insurance
A thorough home inspection is crucial for maintaining valid insurance coverage. Overlooking critical issues can lead to serious consequences, including policy cancellation. Here are ten eye-opening reasons why a poor home inspection might result in your insurance being voided:
Undisclosed Structural Damage
Hidden Electrical Hazards
Undetected Water Damage and Mold Growth
Outdated Plumbing Systems
Neglected Roof Maintenance
Inadequate Fire Safety Measures
Pest Infestations and Wood Rot
Non-compliant Home Additions or Renovations
Faulty HVAC Systems
Ignored Foundation Issues