How could British Gas ramp up my boiler cover to £895 a year?

I’ve paid out more than £4,000 over the past five years – that could have got me a new boiler

I have recently discovered that my automatically renewed HomeCare 4 boiler insurance with British Gas has been ramped up to an astonishing £895 a year. I think when we originally signed up the cost was under £20 a month. Our mistake has been to let this roll on year to year without ever checking the price as we assumed, wrongly, that the cost would simply rise with the RPI or inflation.

We are now paying an annual cost equivalent to a brand new boiler each and every year in order to insure our old boiler. British Gas claims it has sent emails advising us of the renewal price each year – but, like much corporate mail that comes in – we probably just ignored it assuming it was junk mail. A quick check shows that we have had roughly 20 emails in from British Gas in the past few months.

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