Are you worried about termites infesting the woodwork in your house? If so, the most effective solution for you is to negotiate a termite bond with a pest control company.
Home insurance policies don’t include damage from termites, which is a big reason why you should consider putting such a deal in place. Property owners often find themselves making trips to pest control services to claim insurance.
If you’ve ever contacted a pest control company for their services, you will be familiar with this contract. However, if you’re not, this article is for you. We will explain what a termite bond is, why you need it and what it covers.
What is a termite bond?
Essentially, termite bonds are contracts between pest control companies and their clients. Think of them as maintenance or warranty contracts for termite infestations.
The paperwork contains important details about the service provider and the client’s terms for an agreement. Among the details included in the contract are:
- the duration of the agreement
- termite control treatment, and
- whether or not repairs will be provided
A termite bond is normally used to cover the pest control company’s services if termites are discovered in the house. You can transfer these kinds of bonds from one owner to the next, and they can also involve a fee. The amount to be paid depends on the size of the house and can range from a few hundred to a few thousand dollars.
There are several different kinds of bonds on the market with respect to the company contacted, and their terms are all different from one another.
Termite letter vs. termite bond
A termite letter, unlike a bond, is simply a formal statement that a house is, or is not free of termites at the time of inspection. A letter might also include mentions of other wood-eating pests like carpenter ants or bees.
A typical termite letter agreement can cost you anywhere between $35 to $100.
In essence, while a termite letter only declares whether or not termites were found upon inspection, a bond provides a means to cover the damage if it is found inside the house in context.
What does a termite bond cover?
As mentioned earlier, a termite bond is a warranty contract between a pest control service and its client. It states that the company will keep your house in check when it comes to termite infestations and will take additional steps, if needed, to deal with the problem.
Termite bonds start with a prevention treatment at the beginning of the contract. These deals usually last a few years and agree upon a schedule to disinfect the premises. You may agree to a routine checkup every few months or create a custom schedule by talking to the company themselves.
The best part about termite bonds is that you won’t have to pay anything extra if these pests are found after an inspection. Starting from the contract term, you are not required to pay for any additional services provided by the company if termites are found.
Does a termite bond cover damage?
It depends on the company you’re consulting. To be clear, damage means the costs of any repairs if termites damage parts of the house.
Depending on the company you agree on terms with, the contract will specify if it will cover the damage. They can provide you disinfection only or disinfection with repairs. It is important that you’re clear with the service providers in this regard since a good agreement could end up saving you a lot of money when a bond insures you.
Do I need a termite bond?
One of the crucial things about having a termite bond in place is peace of mind. The company will keep an eye on your premises to ensure that termites don’t infect them, and you can end up saving a lot of money, as described earlier.
It is also important to be clear on the issue of termites when buying or selling a house. Inspection can delay the process if termites are discovered. So, if you’re the house seller, it is a good idea to go for a termite bond instead of a single service visit. This ensures that the house is insured for the future and protects the property against subsequent infestations as well.
In this article, we’ve covered what is a termite bond, why it is needed, and what it covers. Due to the benefits, it is a great idea to invest in a bond to protect your property against future infestations.
In case of infestations, it is best to contact termite pest control professionals to help you out with the damage. So, consider using Bug Guy Services to help you tackle your termite problems easily. Contact them online and get a free estimate.