A “Four Point Inspection” focuses only on four main areas of interest in a home:
- HVAC (Heating, Ventilation and Air Conditioning)
- Electrical wiring and panels
- Plumbing connections and fixtures
The inspection and report describes the condition and age of these elements.
The 4-Point Inspection is often a required inspection in order to obtain (or maintain) insurance coverage.
Their common concern is that there may be conditions in an older home that could become a liability to them. The insurance company would like to understand the condition of the 4 points of probable liability for them. For example, they would be concerned with the age and condition of the roof so as to not incur future claims from a failed roof.
Newer homes are assumed (by the insurance companies) to not have these problems as frequently as older homes.
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.
Most insurance companies require a licensed electrician, a general, building or residential contractor, a roofing contractor or a certified inspector to complete the 4 Point Inspection and certify the 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. It is not recommended that you send a full home inspection report to your insurance carrier.