An official agreement, issued to a homeowner by a termite control company, promising to treat future termite infestations. Some termite bonds extend this agreement to include damage repair.
1. It All Starts With a Treatment
With few exceptions, termite control companies will only place a home on bond after it’s been treated. This is why the first year of a bond is almost always the most expensive.
2. There Are Two Types of Termite Bonds
- Service Warranty- promises to retreat you home if termites re-infest.
- Damage Warranty- promises to re-treat your home AND repair the damages caused by new termite infestations.
3. When the First Year’s Up – Inspection Time!
Typically 8-11 months after the initial treatment, the company will schedule an inspection to ensure termites have not returned. There’s usually no charge for the inspection, the extension of coverage is what you’re paying for (mentioned below).
4. The Option to Renew
After the first year, you’ll be given the option to renew you bond on an annual basis. This extension in coverage is often called a “termite renewal fee”. The renewal fee is usually around 20-25% of the original treatment. It’s important to note – you are not obligated to pay this.
5. Liquid Treatments Are Not Performed Annually
I understand some companies perform an annual treatment on your home – but if you REALLY investigate, you’ll find the treatment to be for general pest control (doesn’t help much for termites).
The Georgia Department of Agriculture only allows retreats if:
A. Another termite infestation is found
B. A new termite contract is signed (extending your termite renewal is not a new contract)
**Note: This article was written with liquid termite treatments in mind, not baiting systems.**