Editor’s note: Jo Lee Ferguson is on leave, but Answer Line will return in the future. This Answer Line originally was published in February 2019.
QUESTION: I have gotten a number of letters from my natural gas provider that include a promotion to take insurance on gas line repairs. Is this a legitimate proposal?
ANSWER: Well, I’m not sure what you mean by legitimate. If you mean, is it actually from your natural gas provider, I’ll say yes, assuming you’re doing business with CenterPoint Energy. What I cannot do is evaluate whether this product is a good idea for you. Also, it’s not really insurance. It is a “home service plan.”…