According to the National Pest Management Association (NPMA), termites do an estimated $5 billion of structural damage each year in the United States, making them one of the most damaging pests to watch for in your home. Carpenter ants can also cause damage to wooden structures and can have a significant impact on their stability. Rodents are another damaging pest that can infest your property, gnawing through walls and chewing on your home’s wiring.