boiler insurance does anyone have it and would they recommend ?

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    boiler insurance does anyone have it and would they recommend ?

    boiler insurance does anyone have it and would they recommend ?

    #2
    i had it once for a year , then i had a new boiler done by a gas engineer and i decided to cancel it

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      #3
      I have British Gas for my property in London, as there plumbers only show up if they feel like it. It is pricey though. When their guys don't show up, I sue them for my time & expense.

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        #4
        Massive fight to get any of the local plumbers to turn up, as they are all massively busy.. So British gas landlord cover, included in the price is the annual service and Gas Safety test.
        Tenants are very happy when I explain that that cover is in place, its a fairly new boiler anyway but the peace of mind knowing that if it all goes wrong, even on Christmas day, we can get an engineer on site pretty quickly. I also keep 4x electric oil filled radiators tucked away just in case. Been needed once in 3 years, but when it was needed the tenant was very happy that within an hour of them reporting a problem with the heating I was on site to have a look with a boot full of radiators ready to go in if needed. Small cost for keeping everyone happy.

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          #5
          Genuine question: why do people think that boiler insurance is preferable to simply paying for boiler repairs as and when they're needed? (Bearing in mind that on average boiler insurance presumably works out more expensive, or else the provider wouldn't be making a profit)

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            #6
            Depends on age of boiler and if they can get spare parts ect - a certain gas company (no names implcated) have to verify that they are willing to do the cover as they would not on my home address as boiler was old but they were willing to do for tenants on newer boiler - if you have a string of gas men who are good cheap and reliabile i personally wouldnt bother but depends how many properties you have and age of boiler ect as most will do the gas safety check included in the cover so have to give it some thought

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              #7
              Originally posted by JamesHopeful View Post
              Genuine question: why do people think that boiler insurance is preferable to simply paying for boiler repairs as and when they're needed? (Bearing in mind that on average boiler insurance presumably works out more expensive, or else the provider wouldn't be making a profit)
              See replies #3 & #4.

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                #8
                Originally posted by JamesHopeful View Post
                Genuine question: why do people think that boiler insurance is preferable to simply paying for boiler repairs as and when they're needed?
                I don't. I've cultivated great relations with my plumbers over decades. To me, it's a key part of being a landlord. They'll do a quicker, better, and overall cheaper job than any insurance scheme.

                I wouldn't impose on them on a Christmas day but I know they'd turn up on boxing day, usually with the right parts and, 98% of the time fix it there and then.
                What they wouldn't do is send round an inexperienced newbie, who'd make a best guess of the three most likely components possibly needed, tell the tenant it will take weeks to order the parts, if available at all, and then strongly recommend replacing the entire boiler.

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                  #9
                  Originally posted by boletus View Post

                  I don't. I've cultivated great relations with my plumbers over decades. To me, it's a key part of being a landlord. They'll do a quicker, better, and overall cheaper job than any insurance scheme.

                  I wouldn't impose on them on a Christmas day but I know they'd turn up on boxing day, usually with the right parts and, 98% of the time fix it there and then.
                  What they wouldn't do is send round an inexperienced newbie, who'd make a best guess of the three most likely components possibly needed, tell the tenant it will take weeks to order the parts, if available at all, and then strongly recommend replacing the entire boiler.

                  Somewhat opposite experience.
                  Used to have a good plumber we used regularly, when we had a major problem (water coming through ceiling - fortunately at home not one of the rentals) and called him got no answer and no reply to messages.. Found out a few days later he had given up being a plumber. :/
                  After that struggled to find a plumber that answer the phone/returns calls... So went with British Gas.
                  I had similar reservations, but they have on file the exact make and model of boiler/details of the system.. When we called them with a problem they were there the next morning, with the likely problem parts for our exact boiler and problem loaded onto the van already (automated apparently).
                  Fixed very quickly, cannot fault them! (Yes, I was surprised as well)


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                    #10
                    Good to hear it went well with BG Sam.
                    The plumbers I use are drinking buddies and always answer their phones so I'd know months before if they were hanging up their pipe wrench. I'd also expect them to sort me out in an emergency, even after they've retired.

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                      #11
                      I have just one British Gas contract at £20.10 per month. Difficult tenant obsessed boiler will blow up and my plumbers are her enemies. They won't go there anymore. Boiler 5 years old. She has called B Gas out numerous times (I have allowed her full access). They have to attend and nothing is ever wrong. Well worth the money - increased her rent to cover it. It is a 365 day a year service - can go wrong really.



                      Freedom at the point of zero............

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