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Yes, you should insulate your copper pipes to help regulate their temperature. Well-insulated copper pipes will be protected from freezing and can conserve energy by keeping hot water warm for longer. Foam rubber insulation tubes are the best pipe insulation to prevent freezing since they fit tightly around the pipes while still maintaining some flexibility.

Yes, you can use too much bubble wrap. If you overdo it with the wrapping, it can strain the top of your box and break open the taped seal, risking the chance that the contents of the box could fall out or break. Use enough wrapping to fully cover your item without compromising the security of your box.

Minimal maintenance is required, though regular inspections to ensure insulation hasn't shifted or deteriorated can improve performance over time.

Installing sheets of plywood over attic insulation is a popular choice, especially in storage spaces. That said, insulation works by trapping hot air—so it needs extra space to expand and be effective, or you might reduce the energy efficiency of your home. 

It’s important that you never compress the insulation by installing flooring directly on top of it. In many houses, you’ll need to install a subfloor before putting plywood over insulation in your attic.