Is British Gas cover 2 worth it ?

[Gt1977]

Boiler is now 10 years old and Still working great but I’m thinking about taking out cover with British Gas ?
I’d take out cover 2 which also covers the cylinder honest reviews welcome please

 

[Chuck]

All such policies exist solely to make a profit for the company that sells them.

In my opinion, one should buy insurance only for risks that result in large costs you can't cover yourself, e.g. your house burning down. If you can afford to pay for your boiler to be repaired then on average you're going to be better off putting what you would have spent on premiums into a building society account that you can draw on when needed.

If you do go ahead, make sure you understand any exclusions and what happens if the insurer decides that the boiler is beyond economic repair.

 

[ShaunCorbs]

Nope good luck trying to get them if it breaks down in winter also they don’t service them properly/ rearrange that many times etc

 

[Gasmk1]

Boilers over 10 years old they will try to talk you into a new one at every opportunit. Best bet is as already said put the amount of the service contract into a savings account and pay for any repairs out of that