Does Insurance Cover Termite Damage?
Homeowners insurance almost never covers the costs of termite damage, as agencies typically consider termite infestations to be completely preventable.
Most homeowner insurance policies do not cover damage caused by termites. Even though homeowners insurance is designed precisely for protecting you from damage that is accidental or sudden, termite destruction is typically not considered an accident. Unfortunately, many insurance companies consider termite damage as preventable, which is why it is so rare to find a policy that protects you from these wood-boring pests.
How to Find Out if Your Policy Covers Termite Damage
As mentioned before, damage caused by termites unfortunately isn’t typically covered by insurance agencies. When signing up for a policy, it is best to fully read the fine print in order to find out if you are covered or not. Because it is rare to find this kind of insurance, homeowners must take every other possible measure to protect themselves from termite damage. The best insurance against termites is routine home maintenance and enlisting the help of a professional company who can perform regular inspections for you.
Occasional Coverage From Termite Damage
In the case your home is damaged by termites, there are some instances in which you may be eligible for coverage. For example, if termites in your fireplace cause a fire, you may be eligible for payment. Similarly, if termites damage a beam that eventually leads to a wall or roof falling, you could receive help to cover the costs. Every policy is different, which is why it’s best to fully understand what you’re covered for and what you’re not.
Protecting Yourself from Termites Without Insurance
The last thing any homeowner wants to deal with is a termite infestation, and realizing you aren’t covered for the damage caused by termites in your home is even more frustrating! To avoid dealing with that frustration down the road, the best thing for a homeowner to do is to sign up for regular routine inspections by a pest control company that can help keep your home free of pests year after year. One such option that some companies offer is the termite bond. The cost of these services are well worth it, especially considering the amount of money they can save you from the high costs of repairs.