Able Home Inspection offers four point insurance inspections starting at just $125.00. We provide 4 point insurance inspections in Naples, Fort Myers, Cape Coral, Marco Island and all of SW Florida. We also offer Wind Mitigation Inspections:
Roofing Mitigation Verification Affidavit
Wall & Roofing Mitigation Verification Affidavit
Shutter Mitigation Verification Affidavit
Electrical Mitigation Verification Affidavit
We are qualified to fill out all electrical, roof, shutter and roof tie down inspection forms supplied by Citizens Insurance.
If you need an Insurance Inspection please call us at:
Four Point Insurance Inspections can often save hundreds of dollars a year in insurance costs.
The Four Point Insurance Inspection was created after Hurricane Andrew struck Florida in 1992. It is performed on behalf of the insurance companies and, typically, as a requirement for the insurer offering insurance to the new homeowner. The four point insurance inspection benefits both the insurance company and the insurer. After last year's barrage of hurricanes in Florida, the Four Point Insurance Inspection has taken on added importance. As insurance companies are beginning to see the benefit of the inspection, the program is spreading to other areas of the country. The benefit to the insurance company is, obviously, reduced loss risk on homeowner's insurance policies. This is an area of business that has, for many years, been a money loser for insurance companies.
In 2002, the Florida Legislature passed a law that combined the Florida Residential Property and Casualty Joint Underwriting Association (FRPCJUA) and the Florida Windstorm Underwriting Association (FWUA). This resulted in the creation of Citizens Property insurance Corporation (Citizens), which more efficiently and effectively provides insurance to, and serves the needs of, homeowners in high-risk areas and others who cannot find coverage in the open, private insurance market. By law Citizens insurance must be the most expensive insurance policy on the market. It is funded by premiums paid by the insured and from other insurance companies paying into the program to reduce their overall losses.
While the four point insurance inspections were started by Citizens, they have quickly spread to most, if not all of the insurance companies that provide coverage in Florida. Several insurance agencies in the Naples, Fort Myers and Cape Coral area have been recommending the 4 point inspection for some time now.
While Citizens operates only in Florida, I personally know an inspector in central Missouri who has transitioned his entire business into one that deals only with insurance companies. He has shared with me some impressive statistics showing how he has saved the small regional companies he deals with substantial money.
The Four Point Insurance Inspection consists of the following four systems:
- Roof inspection
- Electrical Inspection
- HVAC (Heat, Ventilation & Air Conditioning
The insurance companies are looking for the four systems to be in generally good working condition and fulfilling their intended function. If the home is an older home the insurance companies want to see that the systems have been updated. In most cases, the forms are provided by the insurance companies to their clients. The clients then ask the inspector to fill the form out during the course of the home inspection.
There are other types of specialized programs that are similar in nature to this type of inspection and may exist in specific markets. For example, some states require low income buyers to obtain an inspection of a home prior to purchase to obtain a low interest loan. In Missouri, for example, the Missouri Housing Development Corporation (MHDC) has an inspection requirement that is similar to a Four Point Insurance Inspection. Another example would be in California where many homeowner insurance companies require verification of foundation attachment for homes built prior to 1965.
In summary, the Four Point Insurance Inspection program is gaining in popularity and will likely continue to expand as the insurance companies recognize the value of the inspection and the savings benefits it provides to the insurance carrier.
Able Home Inspections is proud to offer four point insurance inspections as part of our full service inspection policy. http://www.ableinspector.com We are proud to be the most experienced home and commercial inspection service in Naples, Fort Myers, Marco Island and Cape Coral, Southwest Florida Area.