The Costs of Termite Damage in Australia
One thing you may not have thought about is the costs associated with termite damage. Australia alone spends more than $10 billion on repairs due to termite damage every year! That’s an incredible amount of money that goes to repairing houses and structures because termites have found their way in.
Plus, insurance doesn’t usually cover the cost of repairs if it’s proven that you didn’t take appropriate measures to protect your property against termite infestations. You may be left to foot the bill if enough evidence shows that you didn’t take the necessary steps to eradicate or prevent them.
So, what are a few typical costs that come with termite damage? They’re typically in two categories:
- Structural Repairs: This can involve labor, materials, and equipment costs for any structural repairs (e.g., replacing beams, pillars and other supports). Costs can vary depending on the extent of the damage and how much needs to be replaced or repaired.
- Replacement Costs: This covers any materials that need to be replaced due to termite damage (e.g., drywall, woodwork, sills etc.) Again, this cost will vary depending on what needs replacing and how much there is of it.
It’s also worth noting that additional costs can apply when you’re trying to rid your property of termites — for example hiring pest control experts for preventive treatments or eradication programs. As I’m sure you’ll agree, this is an expense that no one ever wants to face!
