Why do termite bonds “feel” like a scam?
Entomology departments on various univeristy websites in my local area define the type’s of termites that are destructive to housing structures to be localized to regions several hundred miles north and west of the area I’m in.
also they do not include actual data about these pests, nor do they post information about migration of the pests.
So my question is probably that of a scientific one. .
Mathmatically, if there’s no termites why buy a termite bond to cover you for damage, if by reason of sanity, you have far more things to worry about to spend with your money on, like "hurricane" and "fire" insurance .. or even crime based losses, that could be covered in general home owners insurance.
That kinda logic makes me want to belive, that termite bonds might be good if you lived say. in a termite suspect area.
I honestly don’t know what the termite data is, because I can’t get to it. and when I DO try to look, the only people supporting the data are PEST CONTROL companies..
So this is why I belive termite bonding is a scam.
Tagged with: bonds • entomology departments • home owners insurance • hurricane • insurance • local area • logic • losses • migration • money • pest control companies • pests • sanity • termite • termites
Filed under: Hurricane Questions
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If it walks like a duck and quacks like a duck, it’s a duck! It’s another way of termite companies to squeeze money out of unsuspecting consumers using the oldest sales technique: F.U.D. It an acronym for Fear, Uncertainty and Doubt.
There’s no reason on earth why anyone should buy it, If you have a house treated for termites, it’s typically good for 5 years. Then every 5 years have it treated as a preventive measure.
Termite damage is not a catastrophe and 99% of it can be repaired without serious consequences.