A termite bond is a legal agreement between a pest control control and a homeowner that sets out the terms for future termite services after the initial treatment is complete. When homeowners schedule termite treatment with a pest control service, one of the most common questions asked is whether the company guarantees its services. While a signed bond may not guarantee that the company’s treatment will work, it establishes terms for retreatment of the home or repair of damages to the property.
Termites are wood devouring insects that form colonies in or around structures made of wood. While not all species affect residential or commercial buildings, some of these insects do cause significant damage these structures by consuming their wooden components. These insects will eat any product that contains cellulose, a form of plant fiber. When subterranean or dry wood species enter a home, the only effective way to eliminate them is by hiring a professional pest control service.
Purpose of a Termite Bond
A termite infestation can result in thousands of dollars worth of damage to the wooden structural components of a home. These wood devouring pests can also ruin furniture, books, personal paper documents and insulation. While arranging a termite treatment through a professional service may give you peace of mind, you’ll probably wonder what will happen if the pests return. A termite bond addresses these concerns through a signed contract between you and the pest control provider.
A bond is not the same thing as a termite letter. A letter is a report issued by the inspector who examines your property to determine whether termites are present in the soil surrounding the house or in the home itself. The letter is usually part of a standard state form, which describes the results of the inspection and whether signs of insect infestation or damage were noted. The letter also states whether any areas of the property were not covered during the inspection. A letter is often requested by mortgage lenders during the home buying process.
If you’ve already purchased your home and you notice signs of infestation, or if you’ve just purchased a home and you want to schedule preventive treatment for termites, you may request a termite bond after the treatment has been applied. Most pest control services charge a fee for issuing a termite bond, and the bond must be renewed at scheduled intervals, usually once a year. For many homeowners, having a bond is worth the additional cost, as damage caused by termites is not covered under a standard home insurance policy.
Termite Bond Coverage
A bond is a written guarantee of further treatment of the property or repair of the building if the wood devouring pests return after insecticides or baits have been applied. The extent of the contract will vary from one pest control service to another. Some companies may issue a bond that offers to reinspect the property at regular intervals and repeat the treatment at no additional cost if signs of infestation are found. This type of agreement is called a retreatment termite bond.
A repair termite bond not only offers to retreat the property, but to repair damages to the home that occur after the treatment has taken place. A dispute may occur if the homeowner believes that certain damages took place after treatment, while the pest control company believes the damage occurred before the insecticide was applied. Repair agreements generally agree to cover damages only up to a certain cost.
Given the high cost of repairing the damage caused by these insects, many homeowners choose to pay for a signed agreement with their insect control service. Having this coverage can give you greater peace of mind about the effectiveness of the products used to eradicate these insects from your house. Before you sign an agreement, review the terms carefully to make sure that you understand what the contract does and does not cover.
Once you’ve signed a contract with your provider, the contract must be renewed on a regular basis in order to remain effective. Along with your provider’s inspections, you should learn the signs of infestation so that you’ll be aware of any insect activity immediately. Look for signs like small kick out holes along the baseboards of your rooms, mud tunnels on foundations or walls and piles of fecal pellets or wings.
With a legal termite bond, you can feel confident about the quality and duration of the treatments applied to your property. Before you hire a service, compare estimates from several of the top rated companies in your area and ask them whether they provide a retreatment or repair contract. This valuable agreement may save you a considerable amount of money if a termite infestation ever recurs.