02-06-2024, 10:14 AM
I purchased my home about 2 years ago. It had termites (or some bug infestation) at some time in the past, but no evidence of anything recently. The prior owner used a termite monitoring company that set green bait traps around the house and checked them once a year for evidence of termites. The cost is about $400 a year, and they check the traps once a year. However, if there are termites, they only pay for remediation -- not to repair any other damage caused by the termites. I asked what the usual remediation cost was, and the guy said $1,000 to $2000. I pointed out that it didn't make much sense to pay $400 a year to insure against a $1-2,000 risk, unless there was a high risk of getting termites again. I asked whether I was at a heightened risk for getting termites because the house had them in the past. he said not really. None of my neighbors have this monitoring system.
Is this just a rip off? I'm I missing something? I can see the argument that having the monitoring would identify a termite problem quickly, and hopefully before they had time to do much damage. But it seems very expense for what it is.
Thoughts?
Is this just a rip off? I'm I missing something? I can see the argument that having the monitoring would identify a termite problem quickly, and hopefully before they had time to do much damage. But it seems very expense for what it is.
Thoughts?