A home is too big of an investment for you to not feel secure. If you’ve purchased a policy, a few days have passed, and you get a notice for a home insurance inspection, don’t fret, these are commonplace in the insurance world. Companies have self-imposed deadlines of up to 90 days after the policy is signed to decide whether or not your home needs inspecting.
The process itself is fairly simple and begins with a person showing up at your front door; one that’s going to carry out the aforementioned procedure — an inspector.
What is an insurance inspector? Well, the name pretty much stands for the job description. To put it bluntly, they’re a problem spotter, a professional in assessing homes whose main job it is to help the company avoid a large number of claims. They are an individual that you welcome into your home who plays a pivotal role in evaluating your policy and deciding whether it goes through and under which conditions.
But what do insurance inspectors do exactly? Well, they walk around your humble abode and check for any potential hazards that might harm people or the property itself. More often than not, they take photos as well.
The process isn’t initiated solely by the insurance company. If you’ve recently bought a home and you want to get it insured, you can ask the company to perform one for you.
You can even get home insurance without an inspection, in some instances. It’s also a good idea to inquire whether your insurance company accepts appraisals when preparing your insurance. Appraisals are often mandatory when applying for mortgages or when you’re selling the property. If the home is not that old, the company might accept one, however, this is entirely up to them.
So, without further ado, let’s dive right in.