Furnace Insurance

Hey all,
just want to send a quick note to all you home owners out there. This time of year, your furnace is working overtime due to the cold weather and have just been a victim of a furnace breakdown, I'd like to pass along an idea I'd recomend you consider.

Look into getting a Heating Protection Plan. For $12-$18/month you can place an insurance plan on your furnace that will cover any parts and labour required to repair your furnace. Depending on the plan you pick, you can also include an annual service inspection, which can help to determine how healthy your heating system is.

This past wednesday, a part on my furnace went, and we had no heat... little scary when it happens to you in the middle of winter. We called our local 24 hour service, Canco, and a technitian wasthere within 2 hours. Turns out it was a pressure sensor that had some build up on it, but the guy recommended replacing it to ensure this would not happen again, as it likely would given that my furnace is 14 years old. He did a temporary fix, but olds are this will happen again.

This service call was a well deserved $140 to have the guy come and diagnose the problem, but what stings is that to replace the part would be another $120-$130, totalling $270. Now, if we had a plan that cost $15/month to ensure that any parts and labour are taken care of, then it would cost me $180/year.... Kind of a no brainer in my mond.

The crazy thing here is, the very next day after our heat was turned back on, I recieved in the mail a promotional offer from Direct Energy for $10.99/month for the protection plan =$5/month for the annual service... Can you believe that would come in the mail the next day??? Needless to say I signed up.

Long and the short of it... if you own a home and want to protect your investment, make sure you do schedule annual service on your furnace and consider getting a Heat Protection Plan.

Darcy