Does most homeowners insurance cover termite damage?
Though it covers a broad range of events, homeowners insurance typically does not cover termite damage. … Because most termite infestations can be prevented through regular maintenance — and maintenance is something homeowners are responsible for.
How much does it cost to repair termite damage?
Repair costs for termite damage vary from case to case and can run from a few thousand dollars to tens of thousands of dollars. Some estimates for repair costs show an average cost of repair of around $4,500.
What is the standard warranty on termite treatment?
What is a Termite Warranty? Treating a home for termites, whether it is a treatment for existing damage or pretreatment for new construction, includes a warranty. Most exterminators will offer a one-year warranty. The warranty may state future infestations are covered at no cost to the homeowner.
Is termite damage covered under insurance?
Termite damage isn’t covered by home insurance mainly because termites are classed as an “insect”, and unfortunately home insurance policies don’t cover damage caused by insects. Insurers deem insects as a “preventable” problem, which of course puts the responsibility back on the homeowner.
Can you claim termites on insurance?
Is termite damage covered by my insurance policy? According to the National Association of Insurance Commissioners (NAIC), many homeowners insurance policies don’t cover termite damage or removal. Termite infestations may be prevented with routine home maintenance and is the responsibility of the homeowner.
Does a seller have to fix termite damage?
Treatments for active pest problems can either be small fixes, like spraying an isolated area, or they can be more involved, for instance, you may need to tent and spray the entire home. Additionally, the seller will pay for any repairs needed to fix dry rot or replace wood damaged by termites.
Do you have to disclose termite damage?
If your house had termite damage in the past and you had the house treated, be sure to disclose the information (and show your receipts). Never try to conceal fresh termite damage. Most lenders require a separate termite inspection, so if your house has damage, they’ll find it.