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