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The Environmental Protection Agency (EPA) banned the use of asbestos pipe insulation in certain applications in 1975. It released further bans in 1989 and 2019. While asbestos pipe insulation was common from the 1930s to 1970s, its use fell off after the 1970s due to public concern and the EPA's actions.

If you hire a dedicated asbestos inspector near you in addition to your local home inspector, it will cost between $200 and $800. If, however, your general home inspector happens to be certified as an asbestos inspector, they can charge you a smaller fee and tack on the cost to the home inspection. In general, home inspectors do not do physical testing, but will provide a visual assessment so you know what you are working with.

If you have an older electrical system with fraying wires and other signs of damage, removal  may be the best course of action. When asbestos begins to break down, it's more likely to become airborne, increasing the risk of health issues when it's inhaled.

However, if the system is in good condition and doesn't have visible signs of wear or damage, leaving it alone may be the safest course of action. An asbestos abatement and removal professional can help you determine the best way to proceed.

There are products that still contain asbestos, but they were typically installed decades ago. Common places where you may still find asbestos-containing materials are in siding, wrapped around ductwork, in older appliances (i.e., stove and gravity furnaces), and in floors. Asbestos was primarily used as an insulator, so anywhere in an older home where you lose heat is where you will most likely find asbestos.