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My theory is that the insurance company wants the inspection so that they could possibly deny coverage for certain items if they are in need of repair. Not a good idea to give them any additional fuel to the fire.
I'm under contract for a single family property and just had the house inspection done today. I had previously quoted for homeowner's insurance with Amica because I have heard good things about them and they are a local company. They quoted me what I consider a very good rate. They did, however, ask that I provide a copy of my house inspection report to them after it is completed. Amica also stated they would send somebody by after closing for a quick inspection/walk-through of their own.
Today after the inspection the inspector advised me that I should not give the report to anyone, including insurance, as it is for my use only. I'm undecided if I should or shouldn't provide the insurance the report. The inspection itself went fairly well, but there were a few issues noted. The house was renovated and there is a thermostat that doesn't work and the heat isn't coming on in two rooms. Also there are some holes cut in the garage fire barrier likely used to install new wiring, and the chimney masonry needs repair. Roof, siding, and everything else are pretty much solid. I will be asking the seller to fix some of these issues but I don't know that I can get them to fix every one before closing.
My main concern is having Amica take the report and then deny me and have that on my CLUE report and have to inform any other carrier of the denial. Obviously if the seller doesn't fix everything, I can't fix it until after closing, and I need insurance before I can close.
Thoughts?
I have to say he is worried about his inspection for some reason. Afterall its your to do what you wish with as you paid for it. insurance is likely to deny if not on new policy. When I change the agent asked questions and they c verified what info. I gave. might just read policy on what they do not cover also as its a contract they can deny claim with.
My theory is that the insurance company wants the inspection so that they could possibly deny coverage for certain items if they are in need of repair. Not a good idea to give them any additional fuel to the fire.
Bingo!!!
This is exactly the reason! They also would add the list of things that will not be covered - pretty much anything with question mark on the inspection report.
Here in FL I provided Amica with wind mitigation insurance and pest control inspection and told them I never did regular inspection (after all it's not their business and hiring an inspector is up to buyer)
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