Is Termite Insurance Worth It?
A termite bond is a contract between a homeowner and a pest control company. The homeowner will usually pay the pest control company an annual fee to maintain the pest control program.
Most home insurance companies do not cover termite damage. However, it is possible to get an extended termite warranty. This warranty covers the cost of treatment and any repairs or issues that arise between treatments. It can also help a homeowner maintain their home for years to come.
Termites are a serious problem and can result in significant structural damage to your home. The average cost to repair this type of damage is $3000 or more.
You may need to hire a professional exterminator to remove the infestation. These exterminators are often expensive but will ensure that the entire colony is gone. The cost to rid your home of a termite infestation depends on the size of your house and the extent of the infestation.
Many home builders will provide a one year pest warranty as part of the total cost of building a house. These warranties are worth it, but the costs can vary from state to state.
A termite bond can be a good investment, especially if you live in a high-risk area. Termite damage can occur without the homeowner knowing it. An inspection of your home will give you an idea of the extent of the infestation. If you are planning on selling your home, ask the buyer if they are aware of any prior termite infestations.