Many people are willing to invest much of their money for home appliances insurance, especially the advancement in home appliance technology grows rapidly. More and more home appliances with sophisticated features are offered by companies and many people are easily attracted with it. People nowadays do not hesitate to purchase a more expensive home appliance, which has good quality and features, rather than to spend less but with many weaknesses. Home appliances come with guarantees, but it usually only for the first or second year usage. Thus, we need to consider if we need to apply for home appliance insurance.
Most of the appliances at our home have high intensity of usage, such as refrigerator, washing machine, cooker, and other appliances. Our control on such electrical stuffs are very limited since very few of us have the knowledge to maintain and look after those stuffs correctly. Very often, we need to spend much cost to repair our home appliances eventhough we have followed the maintenance instructions before. Considering this, home appliance insurance is needed to protect our investment on the appliances at our home.
When we have applied for home appliance insurance from an insurance company, if there are any damages on our appliances, the insurance company will cover the costs. It includes the costs to fix any components that are broken or to replace the components with the new ones. We also do not have to pay for the technicians. Everything has been handled by the insurance company. We can imagine repairing a broken appliance can be as high as purchasing the new one.
Eventhough the companies that produce the home appliances sell their products with the warranties, however it is very often that we still need to spend cost with the reasons that the damages are because of human errors. These kinds of denial often happen, so having an insurance for our home appliances is the solution. We can choose the terms between 1 – 5 years. However, the insurance companies usually have the limitation that the appliances should be within certain days after the purchase. For example, some insurance companies only accept insurance for home appliances that have been purchased at least 30 days before. Thus, it recommended to search for some reliable insurance companies before we buy a new home appliance.