Insuring home appliances

Allianz Home Insurance

We often take for granted the convenience that modern household appliances afford us in our daily lives. It would be hard to imagine life without a working refrigerator, dishwasher, washing machine or clothes dryer. And while many modern homes rely on a range of household devices to function, the cost to replace appliances if they have been lost or stolen can be significant. Faulty appliances can also become a liability: a broken refrigerator can spoil groceries that will cost hundreds of dollars to replace.

Home appliances offer convenience in our daily lives.

Valuing your household appliances

A household appliance is a long term investment: the upfront cost of an appliance is weighed against the convenience, quality, efficiency and longevity of the product.

Product-savvy people know that there are big differences between the products offered within an appliance range. For example, while all washing machines ultimately perform the same function, different machines wash your clothes in different ways and will be priced accordingly. Models that look sleeker, are more efficient, or more eco-friendly could set you back even more.

Needless to say, damage or loss of an appliance is not only frustrating and inconvenient to daily life, it can also impact your finances. And the higher the value of the good, the more distress it is likely to cause. That's why it's important to insure your appliances with home and contents insurance.

Damaged appliances can cause frustration and inconvenience. Home insurance will minimise the financial impact in the event of damage or loss.

Protecting your appliances

Home contents insurance can protect the contents of your home from damage or loss in unforeseeable circumstances such as fire, smoke, storm, theft, rainwater or run-off. And, some insurers may even cover fusion, which is when an electrical current causes damage to a household electrical motor. Depending on your insurance policy, you may even be covered for spoiled food contained in the fridge, freezer or deep freeze unit if these appliances break down under specific circumstances.

Household appliances save us time, effort and money, but if they are lost, stolen or damaged they can cause massive inconvenience to the functioning of the home. It's important to protect your home appliances with building and contents insurance. With a range of options including SureCover Home Insurance, SureCover Plus Home Insurance and SureCover Gold Home Insurance, applying for Contents cover with Allianz can protect your appliance investment.