Updated 4 days ago on . Most recent reply
Subject: Dealing with Unexpected Interior Insurance Inspections - Seeking Advice
I have an upcoming interior insurance inspection for my 9-unit building. I’ve been renovating the units as they turn over and have completed six of the nine so far over the past two years since I’ve owned the building. However, the remaining three units are still original and in poor condition, and I'm concerned about them being flagged as a liability.
Has anyone dealt with interior insurance inspections when some units are significantly outdated compared to others?
Does it help to provide a list of improvements made to the six units already completed to show the property is being improved?
How likely is it that the condition of the remaining three units will trigger a non-renewal, a premium hike, or a laundry list of required "to-do" repairs?
Are there specific "must-haves" for these older units to pass an inspection (e.g., GFCI outlets, working smoke detectors, no active leaks)?
Any advice on how to handle the inspection or manage the inspector's expectations would be appreciated.