"badgolferman" writes:

My *electric* company Dominion offers water line insurance for
$4.95/mo. which supposedly covers water line repairs from the main to
the house. My house was built in 1967. I plan on being there for
another 2-3 years so I subscribed for the insurance, not wanting any
more major expenses on this house before I sell it. My mother had to
have her water line repaired for a 1980 house the year before she sold
it and that cost her around $3500.

Tell me why this was a good idea or a bad idea...

Follow this rule:

Only insure expenses you can't afford.

In my opinion, if you own a house you should be able to afford
that kind of repair.

--
Dan Espen