You are here: Home - Household Bills - News -

Boiler bother leaves householders facing £280 bill

Written by:
Households are running the risk of being faced with a huge repair bill due to lack of boiler cover, according to a new report by

Almost 70% of British households are set to switch on their heating in the next few weeks, but 62% don’t have boiler cover to adequately foot any emergency repair bills.

And yet, almost a quarter of households suffered a broken down boiler last year, leaving them on average £280 out of pocket.

Tom Lyon, energy expert at, said: “It seems an easy saving to make, but going without boiler cover could leave you strapped for cash if your boiler packs up and you don’t have the money spare to pay for repairs.

“The average repair bill last year was £280. If this would be difficult for you to find then boiler cover could give you peace of mind.”

With finances being stretched, almost four in ten households without boiler cover say they can’t afford it.

However, over a quarter of all households say that it is essential while a fifth say that, after the recent cold winters, boiler cover is more necessary now. With budgets being squeezed, 37% think it is too expensive.

But holding back because of cost backfired for many households last year and some are mindful that the last thing they need now is an unexpected bill.

As a result, over two in ten people considering taking out boiler cover are doing so because they wouldn’t be able to afford any nasty surprises this winter. says that with the cost of cover starting around £130 a year, or just under £11 a month, this could be a good option for those on a tight budget, offering a £150 saving compared to the average cost of repair.

Lyon added: “If boiler cover is the right option for you then it is vital to shop around for the best deal.

“It’s important to note that some of the cheapest plans carry an excess. If this would be difficult for you to pay then you might be better off going for a slightly more expensive option that doesn’t have an excess.

“Prices and the level of cover can vary, with some suppliers also including an annual boiler safety inspection.

“Importantly, you are not obliged to take boiler cover through your gas supplier – you really are free to take advantage of a deal that suits your household’s needs.”



Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co... Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Credit card debts go down despite more use

Credit card debt is consistently going down despite more and more people using their credit cards, says debt charity Credit...