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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. 

Yes, they address underlying issues, providing long-term seals and energy savings you might need help to achieve.

In some areas, insulation companies require a special license, while some states only require them to hold general contractor licenses. Some municipalities may not mandate any license, although you should always ensure a contractor is fully insured. You can use Angi’s license lookup tool to confirm whether or not an insulation contractor you’re considering holds the necessary license for your area. You can also contact the company for information regarding licenses, certifications, and insurance.

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.