The question of whether to buy annual boiler breakdown insurance is about guessing and gambling with the following variables:
- What are the chances that the boiler will breakdown this year?
- How much will the repair cost?
How Much Will It Cost to Repair a Boiler?
According to an article by Emma Lunn in The Saturday Times (U.K. 24/11/07) 1 in 3 boilers breakdown within 6 years and the average repair bill is £470. The article went on to state that insurance plans cost between £7 to £20. Payments made to the cheapest plan over the course of 6 years, therefore, will be slightly more than the average cost of repair and most boilers will not need a repair at all.
- Global Reinsurance Highlights 2004
This document was prepared by the Reinsurance Transparency Subgroup (RTG) with support by the Reinsurance Subcommittee (RSC). © International Association of Insurance ...
- Seeking Temporary Health Insurance Coverage
Health insurance - New local healthcare plan: If you’re uninsured, just pay it forward - Medical insurance plans ppo hmo medicare plans deductibles copay coverage ...
- Mortgage Protection Insurance Uk Quote
Information about protection mortgage insurance: Last update on: Industrial Alliance - Mortgage insurance - Home Protection Plan
- Life Insurance Rankings
- Insurance Life Universal Variable