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Need advice

Don't know where to post my question, but I'm putting it here as well.

Need some advice.. Recent homeowner. House was built 1954 and is still using galvanized steel for plumbing which last about 50-60 years. We had a leak in the slab more than a year ago and after the insurance claim, it got patched up. The problem still remains that we have the galvanized steel still so it's only a matter of time until another pipe burst happens. I got an insurance quote that is $1500 cheaper than the one I have, but they require that my galvanized pipe is replaced. Do I either wait for the next disaster in my finally renovated furnished home or do I replace the plumbing now and get the new insurance? My house is on a slab, so that complicates things.

submitted by /u/peach____tree
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source https://www.reddit.com/r/RealEstate/comments/ewz29b/need_advice/
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