Wrapping Cold Water Pipes?

We’re planning to have the asbestos removed from our hot water heat system, and have the pipes re-insulated (with fiberglass tubing, I understand is the best option?). Getting quotes now from three contractors recommended here on Bstoner.

Meanwhile, however, I notice that the cold water pipes all over the basement are sweating like crazy, and I wonder if there’s a reason beyond the aesthetic to wrap them also? Is there a different product one should use if so?

By penandink |