Home Insurance in 07514>Question Details

Joyce, Home Owner in 07514

Will my home insurance be higher if termites are found on inspection?

Asked by Joyce, 07514 Tue Oct 4, 2011

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6
After binding an HO policy for your home, if the inspector sent from the insurance company discovers a termite infestation in your home, the policy could be terminated.
0 votes Thank Flag Link Sun Nov 20, 2011
You are confusing HOME INSURANCE with HOME WARRANTY:

Home Insurance covers the Dwelling for things such as Fire. It is designed to rebuild your house in the event of a calamity. It may also cover Theft, Valdalism as well as Liability if someone is injured on your property.

Home Warranties cover the Roof, Appliances, Termites, Plumbling; these are variable.

As Gina told you, the Termites (Active Infestation) is usually the responsibility of the Seller.

Good luck and may God bless
0 votes Thank Flag Link Mon Oct 24, 2011
Adding to my comment....check with a local insurance agent and the policy.
0 votes Thank Flag Link Mon Oct 24, 2011
Homeowners insurance does not cover damages cause by birds, insects pets, domestic or not, except for glass breakage.
0 votes Thank Flag Link Mon Oct 24, 2011
Keep in mind that termite activity will not simply go away, therefore it's in your best interest they be handled before extensive damage occurs...
0 votes Thank Flag Link Tue Oct 4, 2011
Joyce,

If termites are found during the inspection, the bank (your mortgage company) will require that they be remediated. Usually a certification from an exterminator or proof of extermination or exterminating treatment should rectify any problems arising from homeowner's insurance and/or mortgage company. It should be the responsibility of the homeowner (seller) to take care of termites but if your dealing with a short sale and you are responsible, you should contact an exterminator.
0 votes Thank Flag Link Tue Oct 4, 2011
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