Four Point Inspection
What is a Four-Point Insurance Inspection?
A Four-Point Insurance Inspection includes a limited scope evaluation of the following four components:Heating/Air Conditioning, Plumbing, Roofing, and Electrical. The inspection is performed on behalf of the insurance companies and is typically, as a requirement for the insurer, offering insurance to the new homeowner or at the renewal of an existing policy. The Four-Point Insurance Inspection is far less in scope than a standard home inspection and should not be intended for use as a pre-sale or pre-purchase comprehensive inspection. It will not contain the type of information you will need to make an informed decision for purchase.
Why is my insurance company asking for this inspection?
If you're home is older than 25 years of age your insurance company may request you to have a Four-Point Insurance Inspection performed. Insurance companies have become increasingly reluctant to issue homeowner insurance policies on homes 25 years or older. Their concern is that there may be conditions in an older home that could become a liability to them.
Who can perform this type of inspection?
Most insurance companies accept reports signed and completed by a licensed; building contractor, licensed home inspector, a licensed engineer and/or any licensed contractor certified in any of the four principles.
Is there a standard form to fill out?
Most insurance companies accept the Citizens Insp4PT (09-12) or one that includes all the elements of that form. Accredited Building Consultants Inc. uses its own form with all of the elements of the Citizens Form. A sample copy of one of our reports can be viewed here on this link: ABC Sample Four Point 9-12.pdf. The form must be accompanied with photographs of the; Front & rear of the home, Electrical panel with the door open,washing machine plumbing (hoses and stops),water heater pressure relief valve, plumbing under all sinks,Roof and HVAC Units.Please note that you cannot fill out this report on your own, insurance companies require these forms completed by qualified, licensed and approved inspectors.
Can I use my Standard Home Inspection in lieu of a Four-Point Inspection Report?
Typically, insurance companies do not want large reports that contain other information. They only want specific information regarding the four principles. Before you pay us for a home inspection, you should ask your insurance agent whether the insurance company will require the Four-Point Insurance Inspection report. You could end up paying twice as much for the same service and information gathering. Accredited Building Consultants Standard Home Inspection Reports are anywhere from 25 to 50 pages in length and is not in the format that your insurance company may need. However, we will transfer all of the data collected to our Four-Point Insurance Inspection form for a small fee to all of our clients who have paid us for a Standard Home Inspection.
What could be defects or other reasons in these four principles that can make my home uninsurable?
Heating: Properties which have a portable heater or open flame as a primary source of heat, (e.g., Electric, oil or kerosene portable space heaters, gas heater, or any device utilizing an open flame).
Electrical: Properties which contain any potentially hazardous electrical conditions, knob & tube or aluminum branch wiring circuits. Properties equipped with an electrical service less than 60 Amps, certain brands of distrubution panels, double tapping of a circuit breaker or unsafe wiring.
Roof Conditions; Roofs that are damaged; or roofs that have visible signs of leaks; or roofs that have less than three to five years of remaining useful life. The “remaining useful life” is the remaining life expectancy of the roof covering to function as intended, based upon an inspection of the wear and tear, decay, deterioration, decline, or defects present from; natural, climactic, installation, or other conditions.
Roof Covering Age; Shingle, built-up tar and gravel, or other roof coverings that are 25 to 30 years old and tile, slate, clay, concrete or metal roof coverings that are over 50 years old must be be fully replaced or updated to be eligible for coverage.
Exceptions: There are exceptions to the above and we recommend that you speak with your insurance agent for complete definitions of those exceptions.
Who can guarantee the Four-Point Inspection form enables me to be approved for insurance? No Company can! Accredited Building Consultants Inc. is not employed by any insurance company or insurance agency and cannot guarantee any aspect of the four-point inspection, including but not limited to: INSURABILITY, UNDERWRITING, NEED FOR ADDITIONAL CERTIFICATION OR INSPECTIONS. SUBSEQUENT TO INITIAL INSPECTION, WORK TO BE PERFORMED FOLLOWING INSPECTION, etc.
Four Points for State Farm Insurance Co.
Currently State Farm Insurance Company has their own 4-Point Inspection Form and requirements that are much stricter than the standard Citizens Insurance Four Point 09-12 Form (shown above) that is accepted by all other insurance companies. The form is a mini-home inspections. We will perform these inspections but the cost is higher than the regular CI-09-12 form.
What is the cost of a Four Point Insurance Inspection?
We price each 4-point inspection individually. Please call the office to receive a quotation. If there are other insurance inspections needed like a Wind Mitigation and/or a Roof Certification inspection the price is reduced. If the Four Point is included in a due diligence home inspection report we will transfer the data to the four point form for a fee, call the office for the cost. Please consult your insurance agent for any and all insurance type inspections that your home may need for coverage such as a Roof Certification and/or Wind Mitigation Inspection Report so the inspection service can be combined and save you money. All reports are sent electronically via e-mail at no charge. Hard copies are not available.
We are Proud Members of The Florida Insurance Inspectors Chapter of InterNational Association of Certified Home Inspectors
More information regarding Four Point Insurance Inspections can be obtained at the flnachi web site.