Broadly speaking, the term “insurance inspection” can apply to looking at the particulars of any item for which you desire obtaining insurance coverage. Since getting insurance coverage involves the transfer of risk from you to your insurer in exchange for a fee, that insurer may require a first-hand inspection of the item being insured to determine […]
Category: Insurance Inspection
Why Require an Insurance Inspection?
As an insurance underwriter, an important factor in your decision-making regarding whether or not to offer a particular policy, and at what price, may hinge on the results of an insurance inspection. Whenever an item or individual is being considered for insurance coverage, a first-hand inspection can be a necessary part of the process. An insurance policy […]
The All-Important Residential Insurance Inspection
An insurance inspection of a residential property is something that, although not required of all properties prior to issuance of a homeowners’ insurance policy, is required of many. Some of the reasons for you, as an insurance company underwriter, to order a home insurance inspection include: The property being considered is an older home The insurance […]