Do you need insurance for your kitchen appliances?

In an ideal world we wouldn’t need insurance as our kitchen appliances would ever break down, there would be no accidents and everything we purchased would simply last forever. But, an ideal world is a dreamy land, far, far away in the distance of imagination land. For most of us accidents are common place and if the finger pointing and blaming isn’t bad enough, whilst your cleaning broken glass up or mopping a flooded kitchen, then the costly repairs that take your bank balance down to zero pretty much finish off what is left of your little remaining hope.

Though it’s not just accidents that cause damage to kitchen appliances, wear and tear and old age cause a decline in condition as well as over-use and hard-water doing its bit for appliance annihilation. Many people see that an appliance comes with a 12 month warranty but don’t consider its limitations. The manufacturer’s warranty will usually only cover you for faulty parts so do your research before relying solely on your 12 month warranty.

What types of cover are there?

It’s always good to check what is covered by your appliance insurance or extended warranty. Many big name sites will “team-up” with warranty companies but get a nice cut of their sales and try to put you off looking around and going with your retailers warranty options. Diverse options out there will vary in cost, cover, duration and end of life options. Some insurance will replace your old machine, if it can’t be fixed, so you don’t need to dip into your savings to replace your washing machine. Some plans will give a percentage of the machine’s cost back, depending on the appliance’s age, and other cover will only cover repairs. General faults are covered by most warranties and an engineer will come out and fix your machine. Higher premium covers will repair unavoidable problems such as wear a tear and hard water problems and cover extra faults and offer more benefits when your machine can’t be repaired.

What appliances should you cover?

This all depends on your personal situation so asking particular questions about each appliance should give you a better idea. Expensive appliances or appliances that can’t easily be replaced should be considered should the cost of insurance work out financially sensible. I can’t live without my Indesit Washer Dryer and if it suddenly stopped working I wouldn’t have clean clothes for work. For other families, with children’s school uniforms, they may find this an even bigger problem than me. I don’t believe in insuring everything though some people like to have that peace of mind and some cover can work out cheaper with more appliances under its protection. Larger items such as Range Cookers can be expensive to fix so having protection for these much needed and expensive purchases are recommended.

Which is the best insurance?

There is no best or worse insurance, as one that suits me perfectly may be terrible for you, however some insurance won’t cover you for certain eventualities, so I prefer the more comprehensive cover to the cheaper and less protective cover. Going for a cheap insurance rather than a higher priced insurance to “save the money” could be wasted payments should your appliance break down and not be covered for its problem. My last slimline dishwasher died when a glass smashed inside and damaged the filter, so for my next warranty I’ll be checking the policy for accidental damage cover.

This article was written by Alan Gregory. He writes for Appliances Online by day and scours the net at night, during off-peak times, to find the best insurance deals. You can follow me on Twitter @AlanJGregory.

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