Is termite insurance worth for a 2 year old house?

[Suvarna Joshi]

Hello fellow BPers..I have a rental in Austin, Texas that was built 2 years back. The builder treated it for termites. The warranty on that treatment is expiring soon unless we extend it for another year by paying $175 which covers up-to 100k in damages should they occur. Is it worth buying this insurance for a new house that is treated? Is termite damage common in Austin, Texas?

[Jim Cummings]

@Suvarna Joshi. I suspect the "Termite Insurance" policy is just another way to get a few bucks from you. Establish a relationship with a Termite / Pest Control Company, and have them do an inspection every 12 -18 months. Cost about $100 or less. 

Termites have a continuing presence in the soil in Austin area. Main key point is prevent conducive conditions allowing or encouraging termites to invade your property. Depending upon size of property a complete treatment would cost around $500 - $750.