Shut-off valves are the most overlooked plumbing components until the day one fails. A seized toilet valve means you cannot stop water during a leak. A failed main shut-off means the entire house has no emergency water control. Replacement is straightforward and inexpensive -- $10-$40 per valve for the part, $100-$200 for a plumber per valve. The best time to replace them is during planned plumbing work when the water is already off, not during the emergency when you discover the old gate valve will not turn.