Today’s lifestyle has been gradually changed. Because of the life full of stress in day-to-day affairs, human-beings are dependent on machines, so household possessions have increased considerably.
Life of every human-being is unimaginable without Fan, AC, Refrigerator, Washing Machine, Microwave and more. Whenever, a person buys an appliance, he/she have to keep in mind the wear and tear condition of that and the maintenance cost allied with it.
Generally, each appliance comes with a manufacture warranty period of one-three years. During this period, Manufacturer Company takes care of the damages.
After this warranty period, how you decide to pay for the maintenance of the appliances? Home Insurance offers this coverage.
Customers have two options whether they can extend warranty period by manufacturer or can buy home appliance insurance cover.
- Is extending the warranty period worthy?
Extending the warranty period is a one option to opt for once the warranty period comes to expire. Retailer might force customers to extend it. But extend the warranty for each appliance turns out to be more expensive.
- Why to buy insurance coverage to household goods?
There may be many causes that can lead to the damage of the household goods. Damages such as mechanical breakdowns, physical damage, theft or natural disasters or damages due to power fluctuations may lead a major loss. Through home insurance, customers can claim compensation.
Now-a-days, to attract the buyers, dealers are selling appliances with insurance policies. Customers should read the fine print carefully before they take the plan.
- Selecting Home Insurance Policy Plan
Buying home insurance policy is the best option for everyone. Extending warranty of each appliance might be expensive. This insurance policy comes in a package that covers against:
- Domestic appliances
- Damage due to fire
- Baggage cover
- TV, DVD and music system
- Jewellery and other valuable
- Theft
- PA cover
- Coverage of house
While buying the policy, one should opt for the plan as per their requirement. If a person lives in a rented house, there is no mean to buy a vast coverage plan.
