What is an Inspection Report? It is a complete report that describes the results of a home inspection. This is used to assess the quality and condition of the home’s structure and systems. Inspection reports are used to support or deny a request for homeowner’s insurance. This service is usually provided to homeowners who want protection from unforeseeable disasters or events that may threaten the well-being their home.
Inspection reports in the context of life insurance or home insurance usually refers to a professional examination of the potential applicant by a licensed physician. However, applicants may request home inspections. In these cases, the report could also include recommendations to improve or modify the system or systems. All applicants for Homeowner’s Insurance will need to submit a home inspection report in many cases. In those instances where home inspectors are asked to do the recommendation, it is important that the home inspector provides the pertinent history, so the applicant can determine whether the home inspection report is truly complete and accurate. Since the passage of life settlement laws in 2021, there have been many changes to the Home Inspection policy.
The Home Inspection policies now require that all houses inspected be “fully unoccupied” and that there are no restrictions or limitations to how the inspector presents his findings. The inspector must now provide written conclusions and not opinions as was previously required. The home inspection policy now allows for a variety of reports. A home inspection report must generally contain:
The content of a home inspection report can vary greatly depending on what type of information the home inspector requires from the person completing the report. A general report can be written in a concise manner and covers all major systems and components. A good home inspector would only include the main components that need attention and provide supporting documentation about why each component was important. A more detailed report might involve a description of each component with relevant information regarding why it should be present and/or needed. Such a detailed inspection report would require the home inspector to provide a draft of the report to include in the final report.
Another scenario would be an incomplete written inspection report due to a lack of adequate or required information. In this case, it might be necessary for the home inspector to provide additional information and recommendations in order to meet the requirements of the policy. Most cases, this information is provided in the form of supplements reports, which are usually filed with Department of Insurance with the approval of the inspectors.
Septic System components are an important focus area of a home inspection. Unfortunately, many home inspectors fail to mention the importance of septic systems in their inspections because many inspectors consider the septic system to be a side property, or a minor concern. Home inspectors should not leave the system unattended for the purpose of conducting an inspection. A poor septic system inspection could lead to serious problems down-the-line.
Many home inspectors fail to mention the importance the plumbing system in their inspection reports. Plumbing systems are often overlooked and not monitored enough. It is common for the plumbing system to go unnoticed until a major issue occurs that requires extensive repairs.
If you’re wondering what other areas a home inspector may overlook, you may want to consider the areas highlighted in the above paragraph. You should ensure that your inspector has all the pertinent information about the property. If there are specific aspects that the inspector feels are unnecessary or important, document those as well. Your insurance company should be contacted to verify that the documentation has been completed and accurate. You can protect yourself as well as your investment by doing so. Your insurance company might offer to pay for additional work.