Why do insurance companies require home inspections?
"I just bought a home insurance policy and I thought everything was fine, but my insurer just notified me that they’re planning to inspect my house. Why are home inspections necessary?
“It is standard for the insurance company to send an inspector to the property. This is because they want to make sure the risk (the home) is an acceptable one to take on. If the inspection uncovers damage or any other issues, typically you will get a letter listing the insurer’s concerns about the property, as well as a deadline by which these concerns need to be fixed.
If the homeowner decides to not fix the property, the new policy will be canceled and it may be hard for the homeowner to get insurance afterward. It is common for companies to send out inspectors, and if one inspector finds issues with the property, you can almost be certain that the next inspector will as well.
To avoid this, make sure your home is up to your state code. Typically, the inspector will be looking for hazards that could cause injury or older roofing and utilities (furnace, electrical box, etc.). If you keep up with maintaining the home and you do not have damage to your property, there is no reason to be concerned. “
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