Typically, there are three different types of insulation that you can use: Batts and blankets Fiberglass or mineral wool Batts and blankets Polyester fiber R-13 Foamboard Insulation companies offer various options to pick from for your basement wall insulation needs, looking at the climate and other factors like heat load and energy costs. It is essential to ensure what kind of insulation you choose does not contain any asbestos fibers as they have been proven dangerous to the human body. For those who suffer from severe allergies, it is suggested to stay away from all fiberglass products because they release small particles into the air. Some people prefer mineral wool because it does not release fibers and is also easy to install.