4 Point Insurance Inspection

4 Point Insurance Inspection

After Florida's recent history of bad weather, insurance companies have had to raise the rates of most insurance policy premiums.

Now, thanks to state lawmakers, Florida homeowners have an opportunity to reduce these costs considerably.

NOTICE: As of July 1st, Florida Statutes require all residential property insurers to offer Florida homeowners "discounts, credits, or other rate differentials..." for construction techniques that reduce damage and loss in windstorms.
And a four-point Inspection is often a requirement when obtaining a new homeowners insurance policy or renewing an existing policy.

What is a Florida Four Point Inspection ?

After hurricane Andrew in Florida, insurance companies in Florida have been trying to encourage home owners to make their homes safer and reduce insurance claims. Many of the insurance companies and JUA (Joint Underwriting Association) now request Four Point Inspection, which often include, but not limited to:

• Roof Inspection
• Electrical Inspection
• HVAC ( Heat & Air Conditioning )
• Plumbing

What is an Four Point Inspection going to cost me?

The cost of a Four Point Inspection are generally based on the size of the home by sqaure feet, the age of the home and location.

What are they looking for in these Four Point Inspection reports?

They are generally looking for most systems in the Four Point Inspection to have been updated to current standards and are in good condition. The Four Point Inspection is a tool for them to evaluate your homes condition on the four points.

Forms. Are there special forms?

YES ! Some insurance companies in Florida have forms that may be used for at least one of the four points (electrical). In this particular form they have asked about the age, type and certain elements of the electrical system, which may have high claim ratios. We provide our own four point inspection forms that cover all 4 points of the Four Point Inspection.

Who can perform this Four Point Inspection? Can I fill out the paper work myself?

The Florida insurance companies prefer to use licenced and qualified inspectors to complete the Four Point Inspection. That are able to provide a professional opion to the four areas inspected. A home owner can not fill out the Four Point Inspection form themselfs.

Can I not comply with this Four Point Inspection type of request?

We have heard reports of hardships maintaining coverage and or acquiring new insurance in Tampa, Florida due to the Four Point Inspection. Some insurance providers will not cover you anymore without the Four Point Inspection.

Costs. Coordinating all these trades professionals for a Four Point Inspection sounds costly and lengthy.

Advantage Construction & Consulting inspectors holding a state certified contractors license are in tune with these systems and professionals in the inspection business to offer the Four Point Inspection at a discounted rate.If you hired all four trades to perform the inspection, it would get very expensive. We have also streamlined forms to satisfy most interests of insurance companies quickly and cost effectively to offer the Four Point Inspection.

I am buying a home. Can I use this as a less expensive pre purchase home inspection?

No. This Four Point Inspection is not intended for use as a pre sale or pre purchase comprehensive inspection. As it is geared for your insurance needs, The Four Point Inspection will not contain the type of information you may need to make an informed decision for purchase.

Guarantees. Who can guarantee the Four Point Inspection forms enable me to be approved for insurance?

NO ONE ! Please be clear that Advantage Construction & Consulting is not employed by insurance companies, 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..