The last thing you want to wake up to on a cold winter morning is a freezing cold house and no hot water. So, with winter just around the corner, here’s how to get the best boiler insurance to ensure you stay warm and cosy.
What types of boiler insurance are there?
Boiler insurance can cover the cost of repairs, parts and labour if your boiler breaks down. Broadly speaking, there are two main types of policy to choose from:
- Boiler only – as the name suggests, this only covers the boiler and its components.
- Boiler and central heating – this covers the boiler, its components and the various parts of your central heating system. This can include radiators, pipes and pumps.
Insurers set their own terms, so you’re likely to find variations on both of these types of policies. For example, some might include an annual boiler service. You can also find policies that cover electrical wiring, plumbing and drainage systems.
What isn’t covered with boiler insurance?
Typically, you won’t be covered for general wear and tear or limescale build up. Of course, if you’ve opted for an annual service, any minor issues like limescale should be picked up.
Almost all claims will also come with limitations. For instance, there could be a limit on:
- The amount you can claim
- The number of claims you can make in a year
- The number of hours an engineer can spend on your boiler repairs
It’s also worth noting that policies usually have a no-claims period when you first take them out.
It means that you can’t make a claim within a certain window, which could be up to one month from the start date of your policy, depending on the insurer. Essentially, it’s there to make sure people don’t buy a policy the day their boiler breaks down with the intention of making an immediate claim.
Can all boilers be insured?
All sorts of boilers can be insured. So, whether you’ve got a gas, combi, condensing or oil boiler, you should be able to find a suitable policy.
However, you might struggle if your boiler is old (usually more than seven years old). Older boilers can be inefficient and, more often than not, don’t meet modern safety standards. Based on that, some insurers might refuse to cover an older boiler, or you may have to pay a bit more for your policy.
If you do manage to find cover for an old boiler, there might be extra conditions in place. In some cases, if an old boiler can’t be repaired, your insurer might not pay for a replacement.
How do I get the best price for boiler cover?
The first thing to remember is that you don’t need to buy boiler insurance from your energy supplier. You might get a preferential rate as an existing customer, but you’re under no obligation to buy from them.
The second thing to remember is that best price means the cover that offers the best value – not necessarily what’s cheapest.
With that in mind, comparison sites offer the quickest and most effective way of finding boiler insurance that covers your needs and fits your budget. Not only will you be able to see a range of prices, you should be able to see what policies include at a glance.
When you compare policies, familiarise yourself with what each policy covers. This will help weed out those with restrictive caps or those with lots of limitations.
Do I need boiler insurance?
If you’ve got home insurance, it may already include home emergency cover. This could give you an element of boiler protection, so it’s worth double-checking what’s covered under those terms before buying a standalone policy.
If you rent, your landlord should be responsible for the boiler, so it’s down to them to organise insurance.
For more top tips and sound advice about keeping your home, belongings and identity safe, head to our insurance hub.
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