Table of Content
- A sudden house collapse due to termite damage may be covered by homeowners insurance.
- Find the Best Homeowners Insurance Companies Of 2022
- Are there any policies you can take out that will cover termites?
- Home Insurance Tips
- Not sure if you're with the right policy? Compare other home insurance options today
It's also considered preventable by most insurance companies as you can have specialists assess your home regularly. If a covered peril directly caused a termite infestation, home insurance might cover the damages. The insured can file a claim, submit evidence of the damage and get reimbursed.
Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria. If you check the general exclusions section of your home insurance product disclosure statement , you'll often find termite damage listed.
A sudden house collapse due to termite damage may be covered by homeowners insurance.
A lot of agencies are providing quality pest control services that can keep your house protected. For instance, if a fire burned down your home you could get a replacement for furniture, clothes, and other items. In practical terms, this means that you won’t be able to file a claim for termite damage regardless of the cost.
The following are examples of when homeowners insurance covers termites. If you’re wondering if standard homeowners insurance covers termites, the answer is no. But there are special cases when thedwelling coverage in your policy covers damage caused by termites. Homeowners insurance is designed to cover risks and damage that are accidental and sudden. As a pest control company will tell you, termites aren’t a sudden phenomenon. While you may not initially know they’re sharing your home, they will stick around as long as you continue to provide them with food and water.
Find the Best Homeowners Insurance Companies Of 2022
You can buy homeowners insurance from most major insurance providers like State Farm or smaller carriers such as Hippo. MoneyGeek recommends shopping around for a homeowners policy and comparing quotes from various providers to get the best option for your needs. If there’s any question about whether you have termites, call a pest control company to conduct a thorough inspection. Termites can live in the home and cause damage for years before they’re discovered.
Of course, every home insurance carrier is different, so it pays to find out what your policy covers and doesn't cover before you sign on the dotted line. The best way to get rid of termites is to call in a professional to take care of the infestation. Avoid stacking firewood next to your home and keep plants a few feet away from your house. The sound of the wood can be an indicator you have termites. Get a screwdriver and try tapping on wood that you suspect is being eaten by termites.
Are there any policies you can take out that will cover termites?
Before choosing an exterminator, have several professionals visit and provide a quote. The service cost will be out of pocket, so look for a company that offers fair prices and has good customer reviews. Ask how long the extermination process will take and when a contractor can survey the interior damage.
To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners. © 2022 Smartfinancial.com Ins LLC DBA SmartFinancial Insurance. Most contractors offer a free estimate, and some even specialize in termite damage.
If a policy-covered risk or peril causes the termite infestation, you may receive compensation.
Home insurance will not usually cover damage caused by termites. This is because home insurance is created to cover you for damage that is sudden, unforeseeable or preventable. Damage to your home by termites is not something that happens overnight - it occurs gradually.
The best way to eradicate termites is to have inspections carried out. Other factors to consider while deciding on the frequency of inspections include the location of your house and the condition you have kept it in. Repair costs can run high as termites can damage the whole interior of your home. If you have additional questions regarding your homeowners insurance, please give us a call. You can actually speak to a real agent live that can answer your important questions.
In terms of appearance, termites are mostly light brown to white. However, different types of termites can vary in size, colour, and other characteristics. In addition to wood, termites can also potentially feed on paper, carpet, drywall, insulation, and fabric inside and outside your home. Termites love to munch on soft, rotting wood, so check for leaks. Repair any leaky faucets, seal up leaks in your roof, and make sure that storm drains empty a few feet away from your home.
Either option, along with adding or replacing damaged wood, should help to prevent further termite damage to your home. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories.
While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. You should file a claim for the roof damage right away and report the termites as soon as you find them. Leaving the shingles unreported can itself be considered an act of neglect, and your insurance company may reject your termite claim. Termite damage — as well as any insect damage — is generally not covered by standard homeowners insurance policies.
While homeowners insurance does not typically cover termite damage, you may be able to take steps to repair termite damage that has occurred to your home. As you find damaged wood, you generally have a couple of options to fix it. This provides more structural support than the damaged wood alone could provide and generally costs less than replacing an entire piece of wood. Since termites are preventable with proper maintenance, standard homeowners insurance policies do not cover them.
Can termites actually damage my home?
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