lateral line insurance

[Jonathan Lyford]

Hi BP community, My wife and I just recently bought a SFH(built in the fifties, if that matters), and while we were doing the inspection, the inspector had mentioned lateral line insurance and that it might not be a bad thing to look in to. we found a policy that covers 7,000 of water line and 10,000 sewer for about 15 bucks a month. my questions are: - Is this a good type of insurance to have? - is this amount of coverage reason for repairs? Thanks for your input!