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Rigid foam board insulation is one of the safest insulation materials for basement walls. The panels offer a moisture barrier to prevent mold and mildew build-up. At the same time, this material is also fire-resistant, so you don’t have to worry as much about a fire breaking out as you would with spray foam insulation. 

The life span of insulation is between 20 and 100 years. At that time, existing insulation can fall victim to gravity, resulting in compression, which reduces its insulating protection or R-value. If you can't simply add more insulation over the existing material, removing the old to increase the effectiveness of the new can reduce your energy bills and make the project worth the time and money investment.

Several types of insulation are effective for crawl spaces, with spray foam and rigid foam boards being two of the best options. Closed-cell spray foam insulation is a strong choice because it effectively repels moisture, resists biological growth, seals the air, and provides excellent thermal protection, especially in hard-to-reach areas. Rigid foam insulation boards are another excellent material as they insulate well, resist water damage, and will not settle over time like fiberglass or cellulose.

Costs depend on area size, material thickness, and site preparation needs.