It depends how well you know the history of the car.
Once the water gets in to the motor housing, it can't get out. If over the last few years its possible that the drains have been blocked and the water has built up (even with a previous owner) it will still be in there slowly rotting the motor, even if the drains are now clear.
My Alpina didnt go out in the rain for three years but then when it failed one Spring and I then relocated the motor, the housing still had water in it. Remember that even washing the car will cause water to run down into the channels. it doesn't have to be rain.
So, its up to you. It's a safeguard and preventative measure, so it depends if you fancy doing it yourself, or if you can afford to pay for it to be done. Most people on here who offer the service charge £150-£175 for the complete job.
There are about 4-5 people who do this so depending on your location, one of us will be nearest ?