Why Households Need Boiler Insurance
According to the Energy Saving Trust1, boilers account for as much as 60% of a household's annual energy bill. This means that any damage or fault which develops with this unit can cause your home to perform less efficiently, meaning that you are paying more than is necessary on your bills. Protecting your boiler with insurance can therefore help to address this problem.
Replacing a boiler can often be seen as expensive and the initial costs can sometimes appear quite large. According to the Energy Saving Trust2, the average cost of replacing a boiler will amount to over £2,000 - although this figure will be dependent on a number of different factors.
This cost could therefore mean that households facing an expected replacement may struggle to find the necessary funds. Boiler cover or boiler insurance can therefore help to ensure that this does not happen, providing households with financial protection for their boiler.
As the central unit responsible for the heating of your home, any disruption or damage to your boiler could also lead to further damage. Pipe damage can cause leakages, causing damage to the physical building and its contents. It is therefore important that individuals take necessary steps in protecting their boiler, and that means investing in boiler insurance as well as other products.
Insurance
Insurance products are designed to cover any financial costs of replacements or repairs. This means that homes can ensure that their boiler is always performing efficiently without having to worry about their personal finances. As boilers are used more during the winter months it is not until this time that most people discover problems or faults with their system.
With holidays and other expenses often increasing during the colder weather, having to replace a boiler at this time could be stressful for many households. Boiler cover will prevent this from becoming a concern, giving households financial peace of mind.
Maintenance
Boiler cover will not only provide protection and financial assistance for boiler replacements but will often cover maintenance costs as well. This is highly important because having a well serviced and maintained boiler can save as much as 10% on energy bills, according to the Carbon Trust3.
This means that protecting your boiler relies on more than simply investing in insurance and households should always ensure that their boiler is working efficiently. Having a boiler serviced on an annual basis, prior to its use over winter months, can help households to save money and reduce the chance of unexpected breakages from occurring.
Insulation
One of the most common causes of damage associated with boilers is that of burst pipes. This problem is especially common during colder weather when pipes may become frozen. Have your boiler and pipes insulated will therefore help to prevent them from becoming frozen, meaning that the chance of damage is less likely. According to the Guardian4, a British Standard jacket for a hot water cylinder will cost just £12 and save as much as £20 a year, reducing heat loss by up to 75%.
Replacing a boiler can often be seen as expensive and the initial costs can sometimes appear quite large. According to the Energy Saving Trust2, the average cost of replacing a boiler will amount to over £2,000 - although this figure will be dependent on a number of different factors.
This cost could therefore mean that households facing an expected replacement may struggle to find the necessary funds. Boiler cover or boiler insurance can therefore help to ensure that this does not happen, providing households with financial protection for their boiler.
As the central unit responsible for the heating of your home, any disruption or damage to your boiler could also lead to further damage. Pipe damage can cause leakages, causing damage to the physical building and its contents. It is therefore important that individuals take necessary steps in protecting their boiler, and that means investing in boiler insurance as well as other products.
Insurance
Insurance products are designed to cover any financial costs of replacements or repairs. This means that homes can ensure that their boiler is always performing efficiently without having to worry about their personal finances. As boilers are used more during the winter months it is not until this time that most people discover problems or faults with their system.
With holidays and other expenses often increasing during the colder weather, having to replace a boiler at this time could be stressful for many households. Boiler cover will prevent this from becoming a concern, giving households financial peace of mind.
Maintenance
Boiler cover will not only provide protection and financial assistance for boiler replacements but will often cover maintenance costs as well. This is highly important because having a well serviced and maintained boiler can save as much as 10% on energy bills, according to the Carbon Trust3.
This means that protecting your boiler relies on more than simply investing in insurance and households should always ensure that their boiler is working efficiently. Having a boiler serviced on an annual basis, prior to its use over winter months, can help households to save money and reduce the chance of unexpected breakages from occurring.
Insulation
One of the most common causes of damage associated with boilers is that of burst pipes. This problem is especially common during colder weather when pipes may become frozen. Have your boiler and pipes insulated will therefore help to prevent them from becoming frozen, meaning that the chance of damage is less likely. According to the Guardian4, a British Standard jacket for a hot water cylinder will cost just £12 and save as much as £20 a year, reducing heat loss by up to 75%.
- http://www.energysavingtrust.org.uk/In-your-home/Lighting/Energy-saving-light-bulbs-take-over
- http://www.energysavingtrust.org.uk/In-your-home/Lighting/Energy-saving-light-bulbs-take-over
- http://www.carbontrust.co.uk/cut-carbon-reduce-costs/reasons/why-save-carbon/pages/heating-reduce-costs.aspx
- http://www.guardian.co.uk/money/2008/jun/17/householdbills.consumeraffairs
