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 on homes 10 years or 30 years and older, and with roofs 15 years or old depending on the insurance carrier. After barrage of hurricanes in Florida (2004-2005) and then again in 2017, the Four Point Insurance Inspection has taken on added importance. The benefit to the insurance company is, obviously, reduced loss risk on homeowners 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. It is funded by premiums paid by the insured and from other insurance companies paying into the program to reduce their overall losses.
July 1, 2022 a law was passed that prevents insurance companies from arbitrarily denying coverage simply on the age of of the roof covering.
The Four Point Insurance Inspection consists of a visual survey of the following four
3. HVAC System
The insurance companies are expecting the condition of the components listed above to be working as intended within the manufactures specifications. The criteria used to judge the components include:
Current operating conditions
Scheduled maintenance requirements
Expected service life
Is there a standard form to fill out?
There is no industry wide standard form for a Four Point Inspection. Some insurance companies provide their own forms; however, most insurance companies will accept forms from companies that perform home inspections provided that they are filled out by qualified individuals. Accurate Home Inspections of America, LLC uses the Citizens Insurance Corp. form and is accepted by almost all insurance companies.
Can I fill out the form myself?
Insurance companies want these forms filled out by certain qualified individuals such as a licensed Professional Engineer, Electrician, General or Roofing Contractor and Certified Home Inspector.
I had a home inspection before I purchased the home. Can I use that report instead of getting a Four Point Inspection Report?
The insurance companies do not want large reports that contain other information. They want only specific information about the HVAC, plumbing, electrical system and roof in a short one or two page signed document.
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. Accurate Home Inspections of America, LLC is proud to offer four point insurance inspections as part of our full line of inspection services.