"You would think once your homeowners policy is active, the hard part's over. But more and more homeowners are finding that's not the case, whether they're buying a condo in Miami, FL or a starter home in Detroit, MI. Many insurers are ordering inspections, or even driving by homes, and requiring repairs before they'll continue or renew coverage. These days, you might be able to get homeowners insurance without an inspection - at first."
"When you apply for homeowners insurance, you're protecting your home-but your insurer is taking on the financial risk of anything that could go wrong.To manage that risk, a lot of insurance providers require an inspection before finalizing your policy, during the policy period, or if your policy is up for renewal. Sometimes the insurance company will ask for a copy of your home inspection report to assess risk."
"Other times, they will conduct their own 4-point inspection, which focuses on your roof, electrical, plumbing, and HVAC. The goal is to understand the age of the home, overall condition, any potential hazards, and how any issues might impact your eligibility for insurance or your premiums."
Insurers often require inspections when issuing or renewing homeowners insurance, using drone imagery, drive-by checks, 4-point inspections, or virtual visits. Inspections evaluate roof, electrical, plumbing, and HVAC systems and assess home age, condition, and potential hazards. Insurers may request existing home inspection reports or perform their own evaluations to manage financial risk. Older homes and poorly maintained properties present higher claim risk than new construction. Inspections can trigger required repairs or influence eligibility and premiums. Many homeowners encounter inspection requests after initial policy issuance or at renewal, and some insurers conduct ongoing monitoring such as drive-bys.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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