Home Emergency insurance?

[latrucha]

Is it worth it? I've been offered a deal at £4.99 a month with no contract. It seems fairly standard of this type of insurance. I am tempted but, in general, is this type of insurabce worth it?

Thanks. If I'm not back tonight, I will be tomorrow.

Is it ht esort that covers electrician/plumber/drain repair/gas etc.? You can only decide if it's worth it if you read the small print, see exactly what it covers, and work out if it's something you're likely to spend more than £60/year on.

Yes, it's one of those. The problem is it's unpredictable! Who knows if they are going to have an emergency or not. I suppose that is what they bank on.

£60 is basically one call-out charge so I think you're pretty much guaranteed you'll save that. But, as I say, check the small print. My electrical cover, for example, covers wiring but not light-fittings. And my plumbing cover excludes power showers.

I will have a close look. Our house is ten years old and beginning to need more serious maintenance, so it may be a good bet.

Thanks.

Basically you get this for peace of mind but it a waste if you seriously need to do proper maintenance

How so? I'm not sure I follow.

I think Celibin means that if you're anticipating the odd electrical fault then your policy will pay off. But if you suspect your house need something more serious like completely rewiring then your policy won't cover that and is therefore a waste of money.

I should add that I've found they get upset if you call them out for a similar problem more than once or twice. In my case, central heating problems caused by limescale. I've now been advised that I should get anti-limescale measures installed or they may not be able to fix it if it goes wrong again. So, again, if you think your house needs 'serious maintenance', it might be better paying for the job to be done properly than expect to use an insurance plan to paper over the cracks.

I see, Thanks. The house is only ten years old, so shouldn't need anything as big as rewiring, but we are finding it in need of some care, so might be worth it.

Quite often these policies can be a good thing, but it is worth shopping around (British Gas, HomeServe, ProtectmyBubble, nPower and the AA all offer policies) and having a very good look at the small print - The last thing you want to be doing if you do have an emergency trying to understand the small print as you house implodes!

One other thing to look at is the whether you can use Quidco or the like to get the policy. Very often it's effectively free in the first year if you get the right deal - try it for free!