Can you believe that unexpected boiler repair costs came to a mahoosive £787 million last year for people without boilercare? Well believe it, because it happened, and if you're a homeowner without it you're playing Russian Roulette with your finances. If you think that sounds like a bit of an exaggeration, let's look at the at the facts. Five million homes were affected by a broken down boiler last year with the average bill totaling £270. However, 250,000 (5%) of those five million homes faced boiler breakdown costs of £1,250+ for the repairs. The average UK household just isn't equipped financially to deal with an emergency of this kind. A recent study discovered that low income families have paltry £95 in savings to deal with an emergency should disaster strike. Something as simple as a boiler breaking down could set someone off spiraling into debt, playing catch up and left robbing Peter to pay Paul. If you lack a sufficient emergency fund it is imperative that you have the right cover in place in case the worse comes to the worse.
Insurance

Why Every Homeowner Should Have Boilercare

Can you believe that unexpected boiler repair costs came to a mahoosive £787 million last year for people without boilercare? Well believe it, because it happened, and if you’re a homeowner without it you’re playing Russian Roulette with your finances. If you think that sounds like a bit of an exaggeration, let’s look at the at the facts. Five million…

An image to show a family protected by a watching hand to describe the need for a life insurance policy
Insurance

Why You Need A Life Insurance Policy And What They Mean

I’ve just become an uncle for the second time so it’s time to adjust my life insurance policy again. PK and I have no plans to have our own children, both of us are more than happy with being great uncles! However, it’s important to us that we leave the two littlens something when we’ve popped our clogs and have become…

car insurance
Insurance

How To Spank Your Insurer For Cheaper Car Insurance

Another year, another price increase, it’s something that UK drivers are pretty used to, but, with a bit of savvy shopping you can spank the insurer and dodge the average £50 hike that’s been added to your insurance bill this year. According to figures released by MoneySuperMarket, the average car insurance quote has risen £478, a £50 increase over the…

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