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Boiler bother leaves householders facing £280 bill

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04/10/2012
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 uSwitch.com.

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 uSwitch.com, 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.

uSwitch.com 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.”

 

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