February 11, 2009
Boiler insurance
Story link: Boiler insurance
Boiler insurance may not seem like a good investment, but believe me, in the long run it is.
A boiler in the UK needs fixing every 20 seconds, with most repairs costing in excess of £500.
Most insurance cover starts from around £4 a month, so in the event of a breakdown, it pays for itself.
Taking out insurance for boiler breakdown might appear an unnecessary luxury in lean times, but with a household boiler breaking down every 20 seconds and average repair bills of £500, it could make financial sense to get cover before winter grips.
Most energy companies offer standalone home emergency insurance cover, costing between £4 and £26 a month, depending on the level of cover.
