I just received a letter from the electric company offering the "Exterior Electrical Line Protection Plan" from HomeServe. For $4.99 per month there is a $3,000 annual benefit, which includes multiple service calls per year. It covers the weather head, insulator, riser, meter base, and service entrance conductor. As far as I know, all of this is in good shape here, as the house was just inspected 10 months ago, and outside electrical components were actually upgraded to code by a licensed outfit before we would purchase the house. And I would have no trouble paying out of pocket for repairs with my FU money. Any thoughts? My tendency is not to buy this insurance.