Insurance Inspections

 

Main Office: 954.767.5955
Broward: 954-767-5955
Dade: 305-747-9445
Palm Beach: 561-880-7930

4-Point Inspection (4P)

Price: Starting at $100

Duration: 20-30 minutes

Description: A Tri-County Certified Electrician/ Building Inspector will evaluate the 4 major points of your home’s existing condition. The report will document the age and condition of the following components:

• Electrical System
• Plumbing
• Roof Condition
• HVAC – Air Conditioning/ Heating unit

“Why Do I Need a 4-point Inspection?”

The 4-Point Inspection was created shortly after Hurricane Andrew destroyed South Florida in 1992. It is performed on behalf of the insurance companies and, typically, as a requirement for the insurer offering insurance to the new homeowner. If your home is more than 25 years old your insurance company might require you to order a 4-point Inspection. Insurance companies are generally looking for the four systems to be in generally good working condition. For older homes the insurance companies want to see that the systems meet the latest safety requirements....

 

Windstorm Mitigation (WM)

Price: Starting at $95

Duration: 10-20 minutes

Description: A Tri-County Certified Contractor will evaluate the wind-resistant features on your home. The report will document the safety and constructional features such as:

• Roof to Wall Attachments
• Roof to Deck Attachments
• Roof Covering & Geometry
• Gable End Bracing
• Wall Construction Type
• Opening Protection [I.e. Windows, Doors, Garage]
• Building Code

“Why Do I Need a Windstorm Mitigation Inspection?”

The short answer: To save money!

The savings on insurance premiums can be quite substantial after a Wind Mitigation Inspection. After Hurricane Andrew, Miami-Dade and Broward County passed a law requiring the homes to be built to Category 5 hurricane standards. Many Floridians do not know of this law.

 

Roof Condition Certification (RC)

Price: Starting at $90.

Duration: 5-15 minutes

Description: A Tri-County Certified Contractor will evaluate the condition of the structure’s roof. The report will document the following:

• Remaining Life of Roof
• Roof Material Type
• Updates on Roof
• Visible Signs of Damage/ Deterioration
• Visible Signs of Leaks

“Why Do I Need a Roof Condition Certification?”

Citizens insurance requires Roof Condition Certification inspections. This is usually an inspection that has to be done, or your insurance will be terminated. Homes over 25 years old with a shingle roof, homes over 50 years old with any other type of roof, and mobile homes over 25 years old must have the roof replaced to be eligible for coverage. Citizens Roof Condition Certification Form (CIT RCF-1 1108) is our default form for this type of inspection.

 

Replacement Cost Appraisal (RCA)

Price: Residential- Starting at $250
  Commercial- Starting at $350

Starting at $200

Duration: 45-60 minutes

Description: A Tri-County Appraiser will evaluate and determine the value of the structure for insurance re-construction costs. Information regarding the square footage of the building, type of construction, and condition is recorded during the field inspection.

Evaluated Items:

• Wall Construction
• Roof Construction
• Windows/ Doors
• Pool/ Cabana
• Flooring
• Bathrooms
• Kitchens
• Bedrooms

“Why Do I Need a Replacement Cost Appraisal?”

To answer this question let’s start with another question: How does a person rest assure that their insurance company will properly and accurately cover their assets through a major catastrophic event? Replacement Cost Appraisals are the solution to provide replacement cost, in dollars, which gives owners, insurance agents and corporations the ability to accurately insure a structure and/or property. The information obtained from Replacement Cost Appraisal is itemized and recorded in the Marshall & Swift/Boeckh BVS (Commerical Properties) or 360Value (Residential Properties) calculation system software. The system then computes an estimate of the current cost of replacing the structure.

For commercial properties we at Tri-County recommend ordering a Replacement Cost Appraisal every 18-24 months.

 

Flood Elevation Certificate (FEC)

Price: Starting at $150 (FEC and Mortgage Survey combo starting at $350)
Duration: 30-45 minutes

Description: A Tri-County Licensed Surveyor will evaluate and provide data to help properly rate properties for flood insurance. An Elevation Certificate can determine precisely where your home is located in relationship to the Base Flood Elevation.

“Why Do I Need a Flood Elevation Certificate?”

The Flood Disaster Protection Act of 1973 requires flood insurance to be purchased for properties in Special Flood Hazard Areas before owners can receive financial assistance from insurance companies. The Flood Elevation Certificate is a tool that FEMA uses to certify building elevations if the building is located in a Special Flood Hazard Area. This form will help determine the proper flood insurance premium rate for the building.