Typically, a termite bond will last between 1 to 10 years. Let’s take a look at what termite bonds generally cover and how long homeowners can expect it to last.
What Is A Termite Bond?
Because homeowner’s insurance policies do not cover any termite damage, homeowners are responsible for their pest control needs. They must find a pest control company and invest in a form of insurance known as a termite bond. This is a contract between a homeowner and company where the company agrees to provide a variety of termite services for an annual fee.
The terms of the bond will undoubtedly vary based on a few factors, including the provider and location. Nonetheless, a termite bond is available to protect your home from infestations.
A termite bond typically includes the following:
- Initial termite prevention when the bond begins.
- Annual inspection.
- Treatment at no additional cost, if needed.
- Bond renewal occurs frequently following inspections.
*Contact the team at Poor Boy Termite Control in Scottsdale, AZ for more information!
Why Do You Need A Termite Bond?
These bonds are legal contracts agreed upon by homeowners and pest control companies. The bond contract will contain important information about the provided services, a schedule for said services, as well as details on all terms and warranties.
Bonds are ideal when you live in the southern U.S. where the climate is perfect for these pests. Bonds are also worthwhile investments if your home has a history of infestations.
Types Of Termite Bonds
Termite warranty types do include both transferable and non-transferable bonds. Every type of bond is also categorized as a termite treatment bond, termite repair bond, termite treatment or prevention, and repair bond.
Transferable bonds are great for homeowners who are considering selling their home. Sometimes, a transferable termite warranty is required of new home builders to provide potential buyers the guarantee that the home and surrounding area was sprayed to kill any termites. Transferable and non-transferable bonds are ultimately there to protect the homeowner, or apartment/condominium dweller.
How Long Do Termite Bonds Last?
As stated above, homeowners can expect termite bonds to last 1 to 10 years. When it expires, homeowners may lose protection against termite damage.
At this time, you will need to renew or extend the bond to keep the coverage.
How To Get A Termite Bond
In order to obtain a termite bond, homeowners usually need to schedule a termite inspection with a licensed pest control company.
Based on how the inspection goes, the company may recommend a suitable treatment plan. A termite bond can be included in that service package.
Termite Bond Benefits
Homeowners will have peace of mind knowing their property is protected against potentially destructive pests.
A termite bond can also save money in the long run by preventing any costly repairs as a result of termite damage.
How Much Does A Termite Bond Cost?
Bond prices will vary based on location, provider, and length of the contract. Other factors include termite warranty cost, prevention coverage, and whether the bond is transferrable.
Purchasing this insurance is often much less costly than having to deal with repairs due to termite damage. Here is a quick breakdown of termite bond prices:
- Lowest cost: $500.
- Average cost: $1,500.
- Highest cost: $2,500.
Conclusion
Termite bonds usually all stipulate that the pest removal company monitors the effectiveness of termite treatment and states that the company will include free re-application should termites appear prior to the end of the bond term.
Most people tend to believe homeowners’ insurance covers termites. Unless pest control was specifically offered as a rider to your insurance policy, though, it is typically not covered. It’s no secret that termites can cause extensive damage, so some type of protection from these pests is certainly needed.
Termite Control Phoenix Metro Area
Poor Boy Termite Control can solve all of you termite issues. We only deal with termites as the name implies. We use thermal imaging, with no drilling or guessing. At Poor Boy Termite Control we detect termites and treat them. If you have a termite infestation, Call Poor Boy Termite Control at (480) 994-4240 and schedule an appointment before the problem gets worse!
