We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Service charge

Mint1955
Mint1955 Posts: 685 Forumite
Part of the Furniture 500 Posts I've been Money Tipped!
We pay £14.50 monthly to British Gas for a service charge on our boiler. They now want £ 16 monthly. Is it really worth it or should I just put the money away and hope nothing major goes wrong.
Living the dream and retired in Cyprus :j

http://forums.moneysavingexpert.com/showthread.php?t=5105296

Comments

  • calleyw
    calleyw Posts: 9,862 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    Does that include the annual service.

    As they cost about £60 including VAT.

    How old is the boiler?
    How many times have you called them out?

    Do you have emergency savings. If not then start as this is the sort of things that you should be paying out of. As well as washing machine etc.


    Yours

    Calley
    Hope for everything and expect nothing!!!

    Good enough is almost always good enough -Prof Barry Schwartz

    If it scares you, it might be a good thing to try -Seth Godin
  • Mint1955
    Mint1955 Posts: 685 Forumite
    Part of the Furniture 500 Posts I've been Money Tipped!
    The boiler was fitted when the house was new 4 years ago. They dont service it as such but the payment is to fix if it breaks down otherwise they dont come out.

    We took cover out when we moved in a year ago as the boiler was acting a bit odd and within a couple of months they did have to come and put in a new pump and a new ignition solonoid <sp>

    I dont have any other maintenance or service agreements so would have to use savings for anything that goes wrong.
    Just wondered do they go wrong on average a lot.
    Living the dream and retired in Cyprus :j

    http://forums.moneysavingexpert.com/showthread.php?t=5105296
  • Cardew
    Cardew Posts: 29,048 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    There have been many threads on this subject which you could read and the question you ask has been covered at length:

    http://forums.moneysavingexpert.com/showthread.html?t=7718&page=6&pp=10&highlight=insurance

    http://forums.moneysavingexpert.com/showthread.html?t=31412&page=1&pp=10

    I think the consensus of opinion is that ‘Mr Average’ would probably save money by not having this service cover; but those who have the cover treat it as insurance.

    Personally, for the peace of mind it gives me, I believe it is money well spent.

    Incidentally I pay the same as you for the 3* cover and I get an annual service included - as do all of the others who posted in the above threads I believe.
  • Mint1955
    Mint1955 Posts: 685 Forumite
    Part of the Furniture 500 Posts I've been Money Tipped!
    Thanks for posting the links I will read and decide what to do. I will also check out whether they actually come and physcally do a service as you have me thinking now.
    Sheila
    Living the dream and retired in Cyprus :j

    http://forums.moneysavingexpert.com/showthread.php?t=5105296
  • Grimbo_2
    Grimbo_2 Posts: 50 Forumite
    the money you pay will always include an annual service for safety and performance
    Now Sacked British Gas Employee (Broken arm gets you the sack at BG)
  • djohn2002uk
    djohn2002uk Posts: 2,323 Forumite
    Well, they don't service mine any more. Just an annual inspection, emissions etc, but don't even take the case off and haven't the last 2 visits. But I still consider it well worth the peace of mind.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 346.2K Banking & Borrowing
  • 251.2K Reduce Debt & Boost Income
  • 451.2K Spending & Discounts
  • 238.3K Work, Benefits & Business
  • 613.5K Mortgages, Homes & Bills
  • 174.6K Life & Family
  • 251.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.