Inspection
An examination of a property by an insurance company representative to assess risks, verify condition, and determine insurability.
Detailed Explanation
Home insurance inspections evaluate factors like the roof condition, electrical systems, heating/cooling systems, and potential hazards. Insurers use this information for underwriting, pricing, and sometimes to require improvements before providing or continuing coverage.
Practical Example
After Robert applied for home insurance, the company sent an inspector who noted his aging roof and outdated electrical panel, resulting in a requirement to upgrade these items within 60 days to maintain coverage.
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