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DerbyDad03 DerbyDad03 is offline
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Default Gas line insurance program

On Nov 17, 6:01 pm, "Mark" wrote:
Sometimes the line is owned by the utility to the point it connects to the
meter or enters the home. Here in Central Ohio that's not the case - the
owner is responsible from the street shut-off. In my case I did decide to
go for the insurance. I'm pretty sure the gas line is original to home
built in 1942 - I know it's been in since before 1977 when I moves in. In
my case it can't repaired be 'snaking' new plastic in the old pipe since the
line comes up along the side of the home and turns to enter the house. The
underground turn would add cost to the repair. So, at $3/mo I'm feeling
pretty comfortable with the insurance. I'll pay it for 80+ years before it
costs me the $3000+ it would cost to repair the line.

"EXT" wrote in message

anews.com...



What gas line are they insuring. The line from the street main to the
meter is usually owned by the gas company -- are they trying to get you to
buy insurance on their pipe?


After the meter and through the house, you own the pipe. Unless the pipe
is rusting out in the rain or runs through fill under a concrete floor,
there is no reason the pipe shouldn't last 50 to 100 years, so why insure
it? If you have a gas line buried in or under concrete or rusting in the
outdoors, you may want to buy insurance for it. It all depends on your
situation, if you have a risk.


"Ron Oakley" wrote in message
...
For years, I've been receiving information through the gas company, about
gas line replacement insurance. I always shrugged this one off, because
it seemed like an unnecessary expense.


However, I was talking with a distant relative the other day, and they
mentioned their gas line was being replaced. The gas company had shut off
their gas, because there was a leak in the line going to the house. The
relative got estimates, ranging from $3,000, upto $5,000, and everything
in between. Unfortunately, they didn't have the insurance, and they have
to pay out of pocket for this expense.


At $3.75 per month added expense, this seems like a no brainer for my 30
yr. old home.


Question being, does anyone here carry this insurance, and if so, did it
ever pay off?


Thanks- Hide quoted text -


- Show quoted text -


I'll pay it for 80+ years before it costs me the $3000+ it would
cost to repair the line.

Yeah, but after that you're just throwing money away.