How Much Does Termite Damage Cost To Fix?
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There is no institution that monitors or tracks the data around termite damage, though many pest control companies will report their individual data to state agricultural organizations and academic researchers. Since there is no system currently in place in the United States that tracks termite damage and the cost of this damage in any uniform manner or official capacity, we only have damage cost estimates based on approximate calculations.
It is thought that each year, approximately 600,000 homes in the United States experience termite damage. The total monetary and economic cost estimate for this annual termite damage is upwards of $5 billion dollars including damage repair and pest control. This estimate includes at least $1 billion dollars’ worth (up to $2 billion dollars’ worth) of damage from Formosan termites alone.
What Is The True Cost of Termite Damage In Your Home?
When we refer to big statistics like this in other economic sectors, these numbers can be inflated due to insurance practices and other industrial specificities. Homeowners insurance typically does not cover termite damage repair or control, so the true cost of termite damage is then reliant on other factors such as the cost of pest control in different localities, as well as a whole other host of considerations, such as how long the colony has been in the home, how much wood they have eaten through, and how difficult it is to get to the termite damage, among other such factors. Typically, any structural repairs will necessarily be accompanied by cosmetic repairs as well.
Often, termites will do damage in other ways outside of just the wood they consume and this damage will likely need to be repaired as well. Termites can cause discoloration and other kinds of damage to sheetrock. Flooring and walls can buckle and warp due to termite damage which needs to be repainted, restored and repaired. Certainly, the cost of these repairs will all vary greatly depending on the material damaged, the extent of the damage and the scope of repairs needed.
On top of all this, there is always the cost of termite control and extermination which itself is determined by the size and age of the infestation. These costs will vary by pest control service but may include the cost of chemicals and baits, labor, and service.
Find A Pest Specialist For Termite Control
If you are concerned about termite control for your home, please give us a call or fill out the form on this page. PestControlExperts.com is a team of experts who are highly qualified to provide the best recommendations for you and your home, no matter which part of the United States you live in.Call 855-891-5410