On 6/18/2013 5:45 AM, (PeteCresswell) wrote:
We've been getting these insurance offers from the local water company
to the effect that the service from the main to our house could fail at
any time and that we should pay a few bucks per month to avoid repair
costs.

My kneejerk is that this is a cash cow for the water company.

This neighborhood was built in the mid fifties. I've never heard of
anybody's service failing.

Is there an average lifetime for this stuff?... Or are there different
constructions/water compositions that make comparison impractical?
Most states have an insurance commissioner that licenses companies to
sell insurance in the state. I would mail the offer to the commissioner
and see if the company is legally allowed to sell insurance.

Paul