A 4-point inspection is a focused examination of four critical systems in a home, typically required by insurance companies for homes that are over 20-30 years old. The inspection looks at these four major systems:
- Roof: Inspecting the age, type, signs of damage or leaks, and ventilation.
- Electrical system: Evaluating wiring type and condition, electrical panel capacity, and potential fire hazards.
- Plumbing system: Checking pipe types, leaks, corrosion, water heater condition, and proper drainage.
- HVAC system: Examining the heating, ventilation, and air conditioning systems for age, functionality, signs of wear, and remaining lifespan.
The purpose of the 4-point inspection is to give insurance companies a clear picture of the home's condition and risks for future claims. It helps insurers decide on coverage eligibility and pricing and can also alert homeowners to potential hazards or needed repairs. This inspection is more limited than a full home inspection, focusing only on these major systems rather than the entire property. It is usually quicker and less detailed, designed specifically for insurance assessment rather than buyer information. A licensed inspector or building contractor typically conducts the 4-point inspection, and the findings are summarized in a report sent to the insurer. In summary, the 4-point inspection is a specialized evaluation of the roof, electrical, plumbing, and HVAC systems in an older home to assess condition and insurance risk. It aims to identify major issues that could affect insurability or require costly repairs. This explanation is drawn from multiple sources describing the purpose, scope, and components of the 4-point inspection commonly required by insurance companies for aging homes.
