Appliance insurance are meant to help you replace or repair appliances rather than coughing up big money to replace them yourself. Since most of us rely on our washing machine's, dishwashers and other household appliances just to get by, an untimely break-down can be seriously inconvenient. Whether or not you need appliance insurance has a lot to do with how much you are willing to pay if your appliances go wrong. Most appliances come with a manufacturers guarantee for a limited period, normally 1-2 years. So, if you replace your appliances very often you may not need this insurance. Most of us don't change appliances on a regular basis, and if you've spent a lot of money on expensive appliances, then it's well worth protecting them with appliance insurance.

Many homeowner's insurance, as well as renter's insurance and personal property insurance policies cover appliances for certain types of damages - so take a look at what's covered by the insurance you already have. One thing to look out for is a deductible for repairs that many insurance companies may add to this policy. So, unless an appliance requires a major repair you may end up paying most of the repair costs yourself. The benefit of this insurance is that it usually comes at a pretty low price.

If you have expensive appliances such as air conditioning systems, or pricey kitchen and household appliances, then you should consider getting a comprehensive appliance insurance with little or no deductible. This could save you a lot of money on expensive repairs or replacements. Note that appliance insurance providers are often particular about the installation of appliances. They may not cover damages to appliances that are not installed properly, so be sure to follow correct procedures or get a professional to do the installation.

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