TERMITE BOND - highly recommended
What is a Termite Bond?
A termite bond is a contract between a
Bonds may be offered during the home inspection process, when a home is sold or after treatment has been provided for an active infestation.
Bond terms can vary by company and state and are dependent on termite activity levels. Some bonds cover only re-treatment. Other bonds cover re-treatment and repairs for termite damage after treatment
Typically, the terms of the bond dictate that a pest management professional will inspect the home quarterly or annually, all depending on the treatment provided.
Do you need a Termite Bond? Termites damage approximately 600,000 homes in the US each year. Homeowners insurance rarely covers this damage. In parts of the country where termite infestations are particularly likely, a termite bond with a reputable pest control company can help protect your home from potential termite damage.
If a termite inspector finds no signs of termite activity, one might think that a termite bond is not necessary. However, similar to home insurance, termite bonds are valuable in the protection they provide in case of an infestation. A termite bond can provide peace of mind that your home is being inspected regularly by professionals to reduce the risk of damage by termites.
Cost of a Termite Bond
The cost of termite bonds varies depending on the terms of the bond, type of species covered by the bond, treatment included, region and pest control company. Two important considerations when purchasing a bond include transferability in
Real Estate/Leasing/Property Management