As a property owner, you know every part of your home pretty well. Even if you already prepared your insurance certificate application and you thought it’s comprehensive enough, most insurance providers want to learn about your home better.
Hence, before they approve the coverage, you must undergo a home warranty defects inspection to give you peace of mind before selling your house. Moreover, having this type of inspection also protects from risks like injury, theft, and natural calamities.
Suppose you want to fasten up the process of getting a home warranty and insurance certificate of currency. In that case, you need to look for a building inspection company that knows expediting the process.
Here at Effective Building & Consultancy, we do home warranty defects inspection with a comprehensive building inspection report. This way, you know the actual value and condition of the property in advance to save you time.
This post will give you guidelines on what to expect in a home warranty defects inspection.
What Should You Expect During a Home Warranty Defects Inspection
If you’re planning to sell your house and you’re looking to get a home warranty for the sale, a home warranty defects inspection is the best idea.
So, what are the expectations during a home warranty defects inspection? First, your insurance company will schedule the inspection within 30 to 90 days of your policy application. Then, once the inspection starts, the process usually takes a few hours, during which the home inspector will check for some potential risks that were not included in your application.
Once confirmed, the provider will adjust the policy if the cost stated is inaccurate or if they assessed you have inadequate coverage.
What Do Insurance Companies Check for Home Warranty Defects Inspection?
Whether the property you are selling is old or new, an inspection is required to determine the home’s current condition and if any systems need replacement.
Aside from knowing the repair costs, home warranty defects inspection expert will also check for issues to your including:
- Interior walls
- Electrical systems
- HVAC unit
The exterior inspection is the most common type of home warranty defects inspection. You must also be present during this inspection, so you understand your property better. The building inspector will take photos and detain the information about the condition of your:
- Siding or paneling
- Exterior walls
- Garage or Fences
Home warranty defects inspection may also include pest inspection. For example, the inspector may look for any signs of previous pest damage (termites, rodents, etc.) as well as possible breeding areas.
If the surrounding area has water that pools up near the property or structural cracks are found in your home, then this will be a red flag to insurance providers. So, if you want to lower your insurance rates, make sure that you fix these issues beforehand.
What Do Home Warranty Defects Inspection Experts Look For?
Home warranty defects inspection has two purposes: identify any risks that you need to address and appraise your home’s cost accurately.
If there’s damage found to your home and could affect the claims in the future, your home insurance provider may modify the policy to include that. Another is if they also determine that your home is prone to disasters such as floods, the provider may require you to get extra protection.
If you have an existing policy and don’t want changes to occur, it’s best to prepare your home for the upcoming home warranty defects inspection.
Can You Get a Home Insurance Without an Inspection?
No. Home insurance companies nowadays require a home warranty defects inspection no matter what. They even needed a professional building inspector.
Hiring Effective Building & Consultancy certified building inspectors ensures only to provide you the best quality inspection and most comprehensive building inspection report, which is a requirement in getting a home warranty.
Elie Farah, our professional building inspector, will also assist and advise you on the repairs that you can do. The process may take time, though, but we guarantee that it’s worth it to ensure that you have the best protection possible for a smooth home selling transaction.
For more information about our building inspection services, visit our Help Centre.