"(PeteCresswell)" writes:

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.

I'd guess the water company gets a cut but it's a cash cow
for the insurance company.

Never insure what you can afford to pay for yourself.

--
Dan Espen