[Velvet]

They are taking the risk, they want to know what for. Although I have not been asked, I’d let them in my house - sort of like a free home inspection. If they found anything I would like to know. (I don’t like surprise failures in the home.) Now, whether I would keep them as my insurer would depend partly on their premiums.

[Bay Kid]

It is probably the insurance company not TV Insurance.

[Runway48]

Verify that it's legitimate either by contacting the insurance company or your insurance broker-agency. If it's legitimate, then you probably have no choice if you wish to keep that policy. Insurance is a mess across Florida. But even across the country, many people try to scam the insurance companies, the end result is higher premiums for everyone else, it's like shoplifting.

[Aces4]

Originally Posted by merrymini

I would not mind having them assess my property before insuring. Car insurance does that all the time to stop people from picking up a policy and then making a claim for prior damage. Makes a lot of sense. Just check with the company directly before allowing anyone into your home.

Assess? Maybe but I don't want anyone in our home taking pictures. That's baloney. Everything is stored in computers and has anyone noticed how often companies are hacked now. Your home out there for everyone to peruse, nonsense.

I'm not being overly fearful. My medical corporation has been hacked three times within a year. Nothing like getting the message your information was some of that which was stolen. I don't care about the medical issues but I am ticked about the SS #, address, Medicare card info, charge card info and other personal financial information.

[rjm1cc]

Originally Posted by E Cascade

I bought my CYV new about 5 years ago and got home insurance thru one of the sales companies at TV. This past winter I got several phone calls that they wanted to do a 30 minute walk thru to do an inspection of my home, ....... or my insurance would not be renewed this coming Nov. Know that the sales company is not the insurance company. My insurance is paid in total the month before it is due and paid directly to the insurance company, not the sales company. I recently got a letter from the sales company that the policy would not be renewed..... I think it is a scam, but wonder if others are getting this...... I also wonder if it is a way for someone to charge to do an inspection, so they can later come in a steal, etc. I have never had to put in a claim and my home is really nice. Any ideas?

Inspections do happen. Could lower your premium. From AI

Copilot
Sent by Copilot:
Certainly! Let’s unravel the mystery of the 4-point inspection in the context of home insurance. ������������

What Is a 4-Point Inspection? A 4-point inspection is a specialized evaluation performed by a certified inspector to determine a home’s eligibility for insurance coverage. Unlike a comprehensive home inspection, which covers a broader range of systems and components, the 4-point inspection focuses specifically on four major areas:

Roofing: The inspector assesses the condition of the roof. They look for signs of damage, wear, or leaks. Insurance companies are particularly interested in the roof because it plays a crucial role in protecting the home from the elements.
Electrical System: This part of the inspection examines the electrical components within the house. The inspector checks for outdated wiring (such as knob-and-tube wiring), potential fire hazards, and overall safety. Homes with certain types of wiring (like aluminum) may be considered higher risk by insurers.
Plumbing: The plumbing system is evaluated to gauge the likelihood of burst pipes or leaks. Water damage can be costly, so insurance companies want to know if there are any existing issues that might lead to such damage.
HVAC (Heating, Ventilation, and Air Conditioning): The inspector looks at the HVAC system. They verify that it’s functioning properly, check for signs of leaks, and ensure that hot and cold air flow as expected. A well-maintained HVAC system contributes to the overall safety and comfort of the home.
Why Does It Matter? Insurance providers use the results of the 4-point examination to assess the risk associated with insuring a property. Here’s why it matters:

Risk Assessment: By understanding the condition of these critical systems, insurers can estimate the likelihood of future claims. Older homes, in particular, may need more frequent repairs, making them riskier to insure.
Eligibility: Insurance companies often require a 4-point inspection before approving a new policy or renewing an existing one. If a home fails part of the inspection, the homeowner may need to address specific issues to qualify for coverage.
Homebuyers: For prospective homebuyers, a 4-point inspection provides valuable information. It helps them gauge whether the property is worth investing in and whether any significant repairs or upgrades are necessary.
Benefits of a 4-Point Inspection:

Speed and Cost: Unlike a full home inspection, a 4-point inspection is quick and relatively inexpensive. A licensed professional can complete it within a few hours.
Condition Assessment: If you’re selling your home, the inspection helps you identify issues that need attention before listing. It ensures you’re aware of any potential hurdles.
Avoiding Surprises: Whether you’re a homeowner or a buyer, preemptively checking these major systems helps you avoid unexpected repairs down the road.
So, the next time you hear about a 4-point inspection, remember that it’s like a health checkup for your home—ensuring it’s fit for insurance adventures! ������

[waterflower]

It would be nice to start a self insured (owned & managed by the home owners) home owner insurance company. With all the talented people retired in this community, we could put all our energy into solving our own problems. Not rely on companies that do not care about their customers. Profit is their only reason for existence. So why not put the profit back into the community that generated the profit.

[Jayhawk]

Originally Posted by waterflower

It would be nice to start a self insured (owned & managed by the home owners) home owner insurance company. With all the talented people retired in this community, we could put all our energy into solving our own problems. Not rely on companies that do not care about their customers. Profit is their only reason for existence. So why not put the profit back into the community that generated the profit.

1. Anyone with a mortgage would be ineligible.
2. How many homeowners do you need to fully protect everyone who joins in?
3. One major storm would wipe out every last one of you.

Other than that it sounds like a great idea.

[RICH1]

Obviously a scam...

[gorillarick]

It is not clear who is calling you to do an inspection.
The sales company ?
The insurance company ?

Yes, the insurance company can demand an inspection. The sales company should be out of the loop.

Seems like you should have been calling both a long time ago. Maybe even visiting the sales office. At least they could help.

[DrHitch]

It is HIGHLY likely that your homeowners insurance was procured through a brokerage (eg The Villages Insurance agency). But the policy is actually through an insurance carrier (eg Cabrillo Coastal).

They BOTH may be sending you inspection notifications....has nothing to do with the "sales" office.