uSwitch urges householders to buy boiler cover

Monday, 26 September 2011 03:29

More than six out of ten housholders in the UK do not have boiler insurance, it has been revealed.

According to a study by price comparison website uSwitch, 58 per cent do not have cover, despite more than a fifth of households suffering a broken down boiler last year.

The average cost of repairing a boiler is £320, the website revealed, making any failure potentially costly.

It added that almost half of Britons - 48 per cent - see boiler cover as an unnecessary expense.

Meanwhile, one in five of those planning to take it out this year are doing so because they faced a large bill when their boiler broke down and they now believe that cover works out cheaper than paying for repairs.

Kevin Sears, energy expert at uSwitch.com, says: "As household budgets continue to be squeezed, consumers may be tempted to make savings wherever they can.

"However, 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," he added.

Use the Myfinances.co.uk comparison tables to find the best deal on domestic appliance insurance 

Comments Bubble Comments

blog comments powered by Disqus

Twitter: My Finances


Join the conversation at #news_myfinances


Newsletter sign up

Interests

In addition to the weekly newsletter, which areas of finance would you like to hear from us about:

Tick this box if you would like us to send you promotions from carefully selected third parties.

By signing-up you agree to the terms of use and privacy policy.

sign-up button

Get the latest information on: