A failed home inspection dwindles your chances of qualifying for home insurance. To get approved for coverage, you’ll usually need to repair all highlighted issues. Alternatively, you may get a policy that remains valid on the condition that you fix specific problems within a short period of time, such as 30 days. However, it’s difficult for a home with serious structural flaws to pass a 4-point inspection. If you don’t wish to pay for the repair of leaking plumbing lines or a damaged roof, you may negotiate with the seller to take care of that. This decision might trigger an increase in the property’s asking price.