depends on the insurer ... some insurers try to wriggle out of paying upDepends if it was in good condition or not.
If they see loose tiles or no cement etc they will not pay.
Also depends on excess as well.
agreed - not all policies are equal ... you generally get what you pay for ... which is why comparison sites are not the whole answer.
so in the worst case scenarioI've known a few people which almost never bother having house insurance (buildings & contents). Only get it when changing mortgage lenders.
I stopped my British Gas Homecover for boilers this year. We were with them on the premise that there would always be someone to turn out.We have been with British Gas for years. I'm certain others will not like them, but we have always found them really good (apart from one incident, where their Dyno Rod plumber wanted to dismantle something, which even I could see didn't need taking apart. Luckily I was in when they called).
With our new boiler we are paying about £250 a year, which includes:
- Annual boiler service 2
- Boiler and controls
- Central heating
- Home electricshttps://www.britishgas.co.uk/home-services/boilers-and-heating/boiler-and-heating-cover.html?source=chc-google-ppc&cid=PPC&&&source=chc-bing-ppc&cid=PPC_Homecare_UK_Brand_BG_Homecare_-_Top_Terms_Exact&msclkid=7f318bc580841519e829e9ca1a4c37cf&gclid=7f318bc580841519e829e9ca1a4c37cf&gclsrc=3p.ds&excess=60
You can get a combination of cover, their plumbing one, it says comes in at £30 a year.
- Repairs to the plumbing system in your home and outbuildings and the water supply pipe within the boundary of your property
- Unblocking and repairing your drains and waste pipes to restore flow
- Accidental damage
I have never had a problem with them coming out. It took a couple of days when we had a problem with one of the toilets, but that was only because we were pushed back as we had another two that were working.I stopped my British Gas Homecover for boilers this year. We were with them on the premise that there would always be someone to turn out.
Boiler leak. No heating. No hot water.
Over a month to wait sorry!
Now with a local plumber.
No but it spreads the cost to make it more affordable.Dave i do agree, but even a Direct debit does not put the price down
Quite. If someone can afford it then I don't understand why anyone wouldn't. It's just not worth the risk.so in the worst case scenario
a) they'd have to pay for rebuilding AND continue to pay the mortgage costs?
b) if a person was severely injured at their home they would have to pay ongoing care costs
self insurance carries risk ... generally less of a worry if there is little to no 3rd party at potential risk, as that is where the costs can really mount.