No one should live in a house inhabited by termites! They are responsible for causing billions of dollars of damage every year in Florida, and some of that damage is right here in Ormond Beach. Termites are tiny pests that can silently invade your home without you even realizing it and and start doing damage to your house in no time. Damage that is often difficult or impossible to see until it is very extensive. So, as a homeowner, you must do everything you can to keep your house free from these harmful pests.
In order to save themselves from paying for the expensive damage that can be caused by termites, many people choose to protect their home with a termite bond in Florida. However, here’s the question: are these termite bonds really worth the expense? If the answer is yes, what are the benefits and drawbacks of getting one? Read this article for a thorough explanation.
What is a Termite Bond?
An agreement between a termite control company and a homeowner is called a termite bond. A termite bond doesn’t have specific sets of inclusions, as they might vary from company to company. However, the termite control company mostly delivers services like termite inspection, termite control measures, termite prevention measures, and damage repair under its termite bond.
The termite bond offers termite control in settings like apartments, houses, and even large building complexes. The termite bond is valid for a certain period, which also depends on the company bond policy, but it usually lasts for a year. The company you choose and the warranty they offer determine the termite bond cost.
The main reason for getting a Termite bond is to avoid termite reinfestation after a termite contractor has treated the property. They will carry out regular termite treatments over the period that the agreement is active. Some companies even handle the liability of termite damage if the infestation happens after the termite treatment.
Getting a termite bond is usually considered beneficial, as most homeowners’ insurance doesn’t cover such damage. Further, if the company doesn’t carry out the proper treatment, they are responsible for covering the reinfestation treatment out of their pocket, not yours.
What Are The Advantages Of Getting A Termite Bond?
Regular Termite Inspections
As we said earlier, the termite control company holds the liability for future infestations. That’s why they conduct yearly inspections to check for even the earliest signs of infestation and treat them accordingly.
No Extra Cost
You just need to pay the initial cost of your termite bond, and after that, you don’t have to spend even a single penny on regular inspections and treatments. However, it is essential to carefully check the contract and confirm the types of damages and repairs covered under the termite bond. Many company’s termite bonds don’t pay for termite damage, so make sure you know if the one you choose does or doesn’t cover damages from termite infestations. If damages are covered, you also need to know what the limits of termite damage repair are. Termites can cause a lot of damage before they are discovered, so it is important to know that the max coverage provided by the bond is enough to cover those damages.
At Universal Pest Control, we not only offer termite damage repair, along with inspections and retreatments, but also have cover up to $1.0 million in damages from a re-infestation while the home is under the termite bond. In most cases that is more than enough to cover the damages caused by termites.
Selling your home becomes a little easier
If your property has a termite bond, it assures a potential buyer that it has gone through proper termite treatment and is unlikely to have termite problems. Secondly, if the termite bond is transferable to the new homeowners, they can continue the protection and coverage without an additional termite inspection. That is one less thing for a potential buyer to worry about. And with all of the stress factors involved in buying a home, not having to worry about termites can make your home more attractive to a potential buyer.
At Universal Pest Control, our termite bonds are 100% transferable to a new homeowner at no additional cost.
Peace of mind
Most people who get termite bonds renew them every year due to the peace of mind it brings them. That’s because the termite bond company is contractually responsible for all future treatments for termites while the home is under the bond. In the unlikely event that a new infestation does cause damage, they are not only responsible for providing treatment at no cost to the homeowner, most termite bonds make them responsible for some (or all) of the repairs that result from the infestation.
What Are The Cons Of Termite Bonds?
Your property doesn’t have termites
Now, what is the benefit of having a termite bond when your property isn’t even susceptible to termites? In Florida, just about every structure is going to have some risk of being damaged by termites. If there is wood in a structure at all, like in floor joists or roof trusses, it is at risk. So having a concrete home, does not mean the home cannot sustain serious structural damage from termites. That said, here are some things to consider before entering into a termite bond with a pest control company.
They can be costly in some cases
Most individuals end up not getting a termite bond because it is too expensive for them. And it’s true, the initial termite control cost can be a little bit pricey for some people, but it can save a lot of money down the road. Annual renewal fees must be paid each year to keep the bond active. So, getting a termite bond will cost some money, but if you purchase it from a reliable termite company like Universal Pest Control, the price is very reasonable when compared to the protection it provides.
So, is it worth it?
There is not really a single answer to the value of a termite bond. Getting a termite bond has its own advantages and disadvantages. There are a lot of articles available online that argue that areas that are not prone to termites, or structures that are not at risk, make it unnecessary to carry a termite bond. That is really not the case in Ormond Beach, FL. Just about every structure is susceptible to some type of termite damage.
If your house has a history of termite infestation, getting a termite bond is probably a good idea. The termites may have already caused great expense, and purchasing a termite bond can turn out to be a small investment that will save you from expensive repairs.
Our termite bonds are transferable to the new owner upon the sale of the house, so getting a termite bond is beneficial for homeowners before putting them on the market. It will give a sense of security to future owners and make the property more appealing.
If you have decided to get a termite bond, we recommend that you choose a trustworthy termite control company. Make sure to read all of their policies and request the termite exterminator’s cost from them. Along with this, check out their rating and read about the experiences of their past customers. If you find them genuine, only then should you proceed with your choice. Universal Pest Control is one of the most trustworthy and reputable termite treatment companies near me. Our experienced exterminators have years of expertise in pest removal services. Furthermore, our termite bond is very most affordable but provides a lot of protection for your Florida home. Contact us to get a termite bond for your home today!