INSURANCE Vs. REAL ESTATE INSPECTIONS

INSURANCE INSPECTIONS

Are for the most part designed with insurance agencies in mind and are State Certified to best suit the needs of its general population. Different states operate with different variations of general forms, however they serve the purpose of providing the insurance agency with specific documented details of the property and its components.

Usually these inspection are requested by financial institutions and insurance companies before the purchase of a home, after a home upgrade / repair or severe storm. These inspections directly complement each other, and tend to be requested together. Each report is 2 - 3 pages with about 12-18 additional pages of pictures, graphics & permit/s details.

• 4 point Inspection -  Designed for the acquisition or renewal of an insurance policy.

• Roofing, Electrical, HVAC, Plumbing.

• Windstorm Mitigation - Purpose to identify construction materials & methods to obtain credits

• Impact Rated Windows & Doors, Roof to Wall Attachments

• Roof Certification - Allows the insurance agency to notified of any roof updates / replacements

• Exterior Roofing Material, Age, and Availible Public Records / Permits

REAL ESTATE INSPECTION

Most commonly known inspection in the real estate market is the Pre-Purchase ( Full Home ) Inspection. Unlike insurance inspection, these reports can vary in format, design, and efficacy from one company to another. Nevertheless, the Home Inspection Standards of Practice provides an empirical frame work that applies to all licensed professionals.

At MIAMI DIVUM, The property is broken down in to 10 basic main components that is sequentially itemized and rated according to its function. In comparison to the insurance inspections, a Pre-Purchase Inspections inspection is much more detailed & client ( Public ) oriented.

New Construction Inspections on the other hand, are done in stages or “phases”. Each inspection is done at different time periods after that specific component of the property has been completed.

• Pre-Purchase ( Full Home ) Inspection – Designed for: General Public / Buyer

• General Size is about 50 - 80 pages w/ graphcs & pictures

• County Data & House History 

• Public Records & Permits • GIS Satellite Mapping 

• Exterior Elevations • Roofing • Ventilation, Structural

• Electrical • HVAC & A/c • Interior Framing • Insulation

• Water Heater & Plumbing ( Endoscope )

• Combustible Gas & Fumes Detection • Thermal Infrared Camera

• Laser Level Foundation Check • Post inspection Consult • 

• Custom Client Folder

• Pre-Listing Inspection – Designed for: General Public / Seller

• New Construction – Designed for: Both the Insurance & the General Public , as well as any other interested 3^rd parties that may have interest in the property and its successful outcome.

• Custom / Investment Reports – Available upon request only that is tailored specifically to the clients needs.