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?