There have been several "Letters To The Editor" and an article from Seniors Vs Crime on this very subject in the POA Bulletin. Look at the article on Page 14 in the POA Bulletin called "It's Your Money, Spend It wisely". That discusses both the inside gas line and the outside water line coverages. You can read the POA Bulleting online, even back issues, at
http://www.poa4us.org/bulletins_file...etin201210.pdf. The short answer seems to be that there are lots better uses for your money than this coverage.