A water service is one pipe carrying everything the house uses, and it is the only buried line on a property with nothing redundant about it. When a sanitary lateral fails you find out immediately and unpleasantly. When a water service fails it usually does so quietly, and people arrive here from one of two directions: flow that has been getting worse for so long the household stopped noticing, or a second leak on a line that was already dug up and repaired once.
Which of those you have depends almost entirely on what the service is made of. Galvanized steel is common in older housing stock, largely superseded by copper and then by plastics. Once the zinc is gone the steel corrodes and the bore fills with rust scale. Pressure drops progressively across the whole house, and the threads — where the wall is thinnest — are where it finally leaks. That is a whole-house symptom rather than a single-fixture one, and it arrives on a timescale slow enough that people adapt to it instead of reporting it. Service life on this material is commonly quoted at several decades, though flow is usually unacceptable well before the pipe actually leaks — which is why a galvanized service is normally replaced on the strength of how the house behaves, not on the strength of anything you can see.
Copper fails the other way round. Pinhole leaks. Copper corrodes from the outside where soil chemistry is aggressive to it, and from the inside where water chemistry is. A service can leak for a long time underground before anything shows at the surface. The reason one pinhole matters more than it looks is that the rest of the run sits in the same soil, at the same age, with the same water through it — one leak in a long copper service is a data point about the whole line, not only about the spot that gave way. When a second one turns up in the same run, the line has told you what it is doing.
One thing to settle before anything else: a water service is not lined. Lining is a sewer method. Water services are not lined. A failed copper service is pulled out and replaced, and because it is small-diameter and jointless it pulls through beautifully — this is the cleanest trenchless job there is. If someone has offered to line your water service, ask them to explain it, because it is not a thing that is done.