Streetsmart insurance Blog
You are shopping for a new home insurance policy when one of the insurance companies you are talking to asks to schedule a home inspection. You are a bit alarmed at this request. Why does your insurer need to see your house? Are you in trouble? Should you stop talking to this particular insurance company and contact someone else who doesn’t want to enter your private dwelling?
Luckily, you don’t have to worry. Home insurance inspections are standard and nothing of concern. Sometimes, insurers will put together home coverage policies for you without seeing an inch of your property. Other times, they’ll want to do an inspection. If the company does want to inspect your home, they only want to do so to make sure that the policy they put together for you adequately insures the property. Since your homeowner’s insurance policy is designed with the worst case scenario in mind—that you will have to rebuild your home from scratch—it is sometimes helpful for insurers to see the home firsthand.
What’s Included in a Home Insurance Inspection? Now that we know why home insurance providers will sometimes want to do home inspections, we can focus on what those investigations entail. Below, we’ve compiled a basic checklist of what insurers will be looking at during a home inspection, as well as some of the questions they might ask you along the way.
This list doesn’t necessarily constitute every single item that a home insurance inspector might look at or ask about while visiting your home. However, these elements will likely be the core components of any insurance-related inspection. Essentially, insurers are looking for areas of concern that might increase the odds of you making a costly claim on your home insurance policy. As displayed with the pet issue, not all of these risks are related to damage repairs or home replacement costs.
After your inspection, your insurance company will contact you about alterations to your policy and coverage quote. Your insurers might also raise concerns about your property with you, or even request that you correct several issues before they cover you.