With winter weather soon approaching, it`s important to take precautions to avoid frozen water pipes. The insurance industry offers the following tips to help protect water pipes from the cold. Use faucet covers or wrap rags, paper trash bags or plastic foam around outdoor faucets and pipes for insulation. Also, detach water hoses and store them indoors prior to the first freeze. Seal cracks and holes in outside walls and foundations near water pipes with caulking. Keep a slow trickle of water flowing through faucets connected to pipes that run through an unheated space. In the event that your pipes do freeze, turn off your water at the shutoff valve.