Entering into a termite bond with a local pest control company means you will receive a specified number of inspections and treatments to keep your home pest-free. Termite bonds and termite warranties are terms often used interchangeably, but they are different. Let’s take a detailed look at these protection plans.
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.
What Is The Average Cost Of A Termite Bond?
As mentioned, 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. Costs typically range from $500-$2,500, with an average price of $1,500, according to NFP.
What Is A Termite Warranty?
A termite warranty is ultimately quite similar to an insurance policy you would take out against termites. This is insured by an insurance provider, allowing for more coverage against potential damages. The warranties also include an agreement for ongoing maintenance and/or monitoring for the entire length of the warranty’s term.
The warranty dictates a termite control company must treat for termites if any activity is found during an annual termite inspection. It may also specify if the company will repair any termite damages or if they will only retreat a home.
Some warranties can be transferred between homeowners during the sale of a home. Other warranties, however, are non-transferable.
Termite Bond Vs Warranty Differences
There’s no question that termite bonds and warranties are similar. The biggest difference between the two is that bonds require the pest control company to hold a specified money amount in a surety bond.
Any kind of protection against these pests is crucial for homeowners today. For more information, reach out to the experienced team at Poor Boy Termite Control.
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!
