Every industry has its language and terms. These words and phrases can be confusing to anyone who is not part of the daily operations of a specific sector, and the home inspection business is no exception.

When buying or selling a home, identifying the structural issues beforehand can save more expenses in the future. This could be finding out about non-working appliances or leaking water pipes that can prevent pricey repairs down the road.

Insurance companies generally require a home inspection before granting insurance coverage to manage liability and risks. They like to avoid and be aware of the risk, and inspections are an accurate way of doing this. A home inspection can help them avoid potential losses for liabilities that aren’t listed on the initial application. To further reduce their risks, they are dropping policies at an alarming rate and increasing premiums. In addition, they are rapidly becoming more stringent with inspection requirements, likely related to an overabundance of claims for main home systems such as roofs, plumbing, electrical, etc.

Potential hurricanes and hail storms are a common phenomenon in Florida. As a result, when buying a house in this state, you need to ensure that the place can withstand the elements. A home inspector can check to see if the house you’re interested in fulfills the mandatory code and can withstand hazardous weather conditions. Similarly, sellers can also gain significantly from hiring a home inspector.

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