If you are going to buy a home, you might encounter this term. A 4-point inspection is an examination of the current condition of your house covering 4 major components of your home. You may call it your house's health checkup. This checkup makes it easier for homeowners insurance companies to better understand your house's condition. A 4-point inspection is done by examining 4 major systems of your house that are - roof, plumbing, electrical and HVAC. Several homeowners insurance providers require a 4-point inspection to understand the risks associated with the house they are insuring. Some conditions of the home can become a liability in the future and this inspection acts like a tool to alert the companies about potential future problems.