Homeowners Insurance Coverage for Pest Control◀ Back To Blog
June 3, 2013
Most standard home insurance policies purchased today cover damages caused by storms, fire, and theft. It may be possible to find coverage for collateral damage caused by insects and other pests, but generally homeowners insurance coverage for pest control is not available, according to Live Insurance News.
The question of whether or not your homeowners insurance coverage for pest control can be answered by first determining how the insurance company views this type of risk as an insurable event and the type of infestation problems you are experiencing in your home.
The Purpose of Home Insurance Coverage
Home insurance coverage is generally required of most homeowners for the financial liability in the event that your home is destroyed or damaged by causes either predictable or unforeseen. For instance, if you and your family were to leave town on vacation only to come back to find that the home was burglarized and important items were taken, generally this type of loss would be covered by your home insurance policy. Insurance companies that underwrite policies for homeowners assess risk or the probability of a financial loss in terms of its predictability and statistical probability of affecting a large group of people.
This is known as the law of large numbers, an actuarial principle that guides an insurance company’s decision-making policy and pricing for the home insurance policies that it issues. If the nature of any potential risk is something that the insurance company cannot accurately predict or only occurs to one person, the likelihood of that risk being covered will be small.
Types of Insect and Pest Damage Affecting Homeowners
Depending on the age of your home and where it was built the extent of insect and pest damage can be great or small. Some damage is to be expected over time and is generally treatable and not cause for an insurance company to underwrite as a risk. Termite damage, in particular, is a problem that is typically detected during your home inspection.
Most banks and other loan providers want to know if your home suffers from infestation caused by termites and to what extent termite damage affects the home’s foundation and other wood structure. If you discover termites or other insects and pests in the home and suspect damage is being caused, contact your local pest control company.
Determining If a Home Insurance Policy Covers Insect and Pest Damage
The best way to determine if your home insurance covers insect or pest damage home insurance policy is covered by pest damage is to simply call the insurance company to speak to an insurance agent or broker and have a policy review performed. Your agent or broker can go over the specifics of your home insurance policy and determine if there is any type of coverage pertaining to insect or pest damage. You can also ask if such coverage exists and if so, if such coverage can be included as a rider to your insurance policy. Generally, as mentioned above, homeowners insurance coverage for pest control is not available for most home insurance policies.
If the issue of insect and pest damage is one of great concern to you, you may want to consider contacting a pest control company in your community. A good pest control company can help provide you with a permanent and lasting solution to your problem with insect and pest damage and halt any further damage from costing you more money and worry in the future. Thomas Pest Services is a local, family owned pest management company serving Chatham, East Greenbush, Latham, Albany, Clifton Park, Schenectady, Edinburgh, Malta, Queensbury and surrounding towns. Thomas Pest Services is license and certified in pest control to effectively solve your pest or rodent issue. Protect your health, home, family and property with against pest, contact us via phone at 1-877-518-2847, via web inquiry, Facebook or Twitter!