From the NY Post:
The government is looking to plug homeowners' biggest leaks.
The Department of Environmental Protection wants to know if plumbing companies would be willing to repair private water lines connected to city mains in exchange for low monthly insurance payments.
Last year, 3,508 unfortunate homeowners learned the hard way that they are responsible for fixing pipes hooked up to the city's system, even if the leak occurs in the middle of the street.
Those repairs now average a distressing $4,000 -- a big hit to most families' budgets.
But under an insurance system, which is currently in use in other cities, people would pay the plumbing company about $5 to $10 a month, and there would be no additional cost for a water-pipe fix.
The program would be completely voluntary. Right now, the city has only issued an RFEI -- request for expressions of interest -- to see if companies like the idea.
"Eighty percent of the leak calls we get, the homeowner ends up being responsible," noted DEP spokesman Farrell Sklerov.