“…In the past, the cost of treating bedbugs was seen as an unplanned expense that had to be paid out of pocket by the landlord…”
“…Treatment of bedbug problems and replacement of any property was excluded from property insurance policies. In recent months, some hotels have obtained loss of attraction coverage that covers losses if rooms have to be taken out of service because of bed-bug infestations…”
Aon Risk Solutions, the risk management arm of giant insurance broker Aon Corp., has teamed with Global Excess Partners, a Manhattan-based commercial property insurance company, and Terminix, the nation’s largest pest-control company, to offer the first-ever bedbug-specific insurance policy for hotels, landlords and corporations.
The new insurance plan, announced Monday, will not only cover the cost of bedbug termination, but also covers lost revenue during the time the creatures are still running riot before succumbing to pest eradication techniques that range from a new non-toxic treatment that can clean a room in five days or less, to mattress encasements.
In an effort to quell a chance of an outbreak, many companies have been hiring exterminators like M&M to conduct monthly preventive visits, which cost anywhere from $100 to several thousand dollars. Mr. Wong said his company recently conducted a $25,000 job that came as a result of bedbug infestation.
For more:Â http://www.crainsnewyork.com/article/20110613/REAL_ESTATE/110619964
Encase your mattress and boxspring in special mattress and bed covers. These are designed to completely seal in the bed. Bed bugs would not be able to get out if they are sealed in, and would not be able to get in to your mattress if they are outside. If there are bed bugs left on the mattress they will be trapped without air and will die off. They also can not feed through the cover. Bed bugs will die when your bed is encased in special mattress covers, and also, bedbugs are easily detected if they appear after you encase your mattress. The encasement is a preventative method as well. – Julia
Encase your mattress and boxspring in special mattress and bed covers. These are designed to completely seal in the bed. Bed bugs would not be able to get out if they are sealed in, and would not be able to get in to your mattress if they are outside. If there are bed bugs left on the mattress they will be trapped without air and will die off. They also can not feed through the cover. Bed bugs will die when your bed is encased in special mattress covers, and also, bedbugs are easily detected if they appear after you encase your mattress. The encasement is a preventative method as well. – Julia