Home emergency cover is widely considered an essential insurance policy for all homeowners and landlords, especially with the hostile weather of late that’s hit the UK. Before you start sourcing a home emergency policy, check your current home insurance policy because there’s a chance you’re already in possession of it, though if you’re not, then you can most likely add it to your existing policy at a small cost.
What does emergency cover include?
This is something you’ll need to check when sourcing the most suitable home emergency cover plan on the market, and as fine print is characteristic of insurance policies you’ll need to thoroughly scrutinise any policy you consider to look for exclusions and other areas that could result in discrepancies in the future. For example, boiler cover being limited to the winter months as opposed to the entire year, not to mention the maximum cover per claim since this can vary significantly from insurer to insurer.
At its most basic level, emergency home cover insures homes for domestic emergencies and therefore blocked drains, plumbing, broken boilers, electrical malfunctions, etc.
However, there are often some striking differences between basic plans and the best plans on the market, with the best plans offering cover for pest infestations, storm damage and broken or damaged doors and windows that pose a security threat, and as there’s often little if any difference at all in price, it’s worthwhile making the effort to source the best policies on the market so as to enjoy comprehensive cover.
Where to source home emergency cover?
As mentioned earlier, home emergency cover could be included in your current home insurance policy so check this before looking around for a standalone policy because even if you aren’t covered there’s a good chance that it will be available as an add-on policy and this will generally work out more affordable than taking out a separate policy.
However, as some plans are much more comprehensive than others, you’re advised to really scrutinise any plan you consider with the aim of taking out the most comprehensive plan at the most competitive price.
Comparison websites are a good place to start your search if you’re not yet covered by home emergency cover, though bear in mind that the most cost effective plan mightn’t work out to be the most cost effective in the long run, and as that’s so, you’ll often find that it’s advisable to spend a little more in order to save over the long term.
Exclusions and limits are what you’ll need to be on the lookout for here and a common exclusion that you’re advised to be on the lookout for when sourcing a comprehensive yet affordable boiler insurance cover policy is if boiler breakdown is covered at all times of the year, i.e. not invalid from May to August, because some insurers only deem winter breakdowns as emergencies.
The age and condition of your boiler is something else to check, as is the need to have it maintained by a professional of their choosing annually, and of course, the maximum cost of any repair required because some insurers only offer coverage up to £150 whilst others will go as high as £1,000. For a few pounds a month extra it’s certainly worthwhile spending that little bit extra in order to increase the maximum repair cost as this will prove more cost effective in the long run.
Home emergency cover is an insurance plan no homeowner or landlord should be without. However, in order to take out the most cost effective policy, you’ll need to do your homework.
About the Author:
Emergency Cover Limited is a company dedicated to offering relevant advice and connect clients with an engineer in their area ASAP. They also specialise in offering boiler insurance cover products.