An underwriting review of property condition, hazards, occupancy, or replacement cost details.
Why it matters
Inspection issues can lead to repair requests, exclusions, cancellation, or nonrenewal.
Example
An insurer may flag missing handrails or roof wear.
Common mistake
Assuming inspection letters can be ignored.
Related terms
Definitions are educational summaries. The policy's definitions and applicable law control a specific claim or coverage question.