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Our boiler

pops5588
pops5588 Posts: 638 Forumite
Tonight the pressure on our boiler went, we've managed to sort it but OH says that he thinks there is such thing as boiler insurance where you pay per month and when these things happen you're protected somewhat? We wouldn't have been able to afford to fix our boiler until payday and even then it would have been iffy!

Does this exist? Is it worth doing?
First home purchased 09/08/2013
New job start date 24/03/2014
Life is slowly slotting into place :beer:

Comments

  • Cardew
    Cardew Posts: 29,048 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    There are several firms who offer a boiler maintenance cover scheme - British Gas being the biggest. You can do a search and find loads of threads on the subject.

    They normally won't take on older boilers, and will understandably not accept boilers with existing faults.
  • Wywth
    Wywth Posts: 5,079 Forumite
    pops5588 wrote: »
    Tonight the pressure on our boiler went, we've managed to sort it but OH says that he thinks there is such thing as boiler insurance where you pay per month and when these things happen you're protected somewhat? We wouldn't have been able to afford to fix our boiler until payday and even then it would have been iffy!

    Does this exist? Is it worth doing?

    Yes, they are known more often known as credit cards ;)
  • ic
    ic Posts: 3,316 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    Say you'll be paying £20 per month. Stick that in a savings account - if a failure occurs which you can't fix (as you've proved you figured it out this time), then you'll have a savings account full of money when you need it. When the day comes, and its time to replace the boiler, you might even have enough to pay for the boiler out right.
  • pops5588
    pops5588 Posts: 638 Forumite
    He managed to get the pressure up to 1.5 bars last night but this morning it was back to 1. I think he's going to try bleeding the radiators tonight and see if that helps? I don't have a clue of course. Money in a pot it is!!!
    First home purchased 09/08/2013
    New job start date 24/03/2014
    Life is slowly slotting into place :beer:
  • ollski
    ollski Posts: 943 Forumite
    ic wrote: »
    Say you'll be paying £20 per month. Stick that in a savings account - if a failure occurs which you can't fix (as you've proved you figured it out this time), then you'll have a savings account full of money when you need it. When the day comes, and its time to replace the boiler, you might even have enough to pay for the boiler out right.

    That is all well and good but having a wedge of cash in your savings account isn't necessarily going to get you a quick fix when you need it. Self insurance is a good idea if you can do the work yourself, risk a heating eng rom the phonebook or can wait for your regular trusted guy to have a slot free, but if not then insurance scheme is a good idea.
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