As summer approaches, the likelihood of damage to your home appliances due to power outages or fluctuations increases. To ensure that you don’t suffer heavy losses due to these fluctuations, one of the best ways to do so is to take out an appliance insurance plan. One of the great benefits of appliance insurance is that in addition to the risk of burns caused by power fluctuations in the summer, it also protects you against other problems such as fire, explosion, lightning, and flooding.
What appliances does home appliance insurance cover?
All common household appliances, such as refrigerators and televisions, are covered by home appliance insurance. These include:
- TV-Stand
- Refrigerator
- Microwave
- Washing machine
- Hot water
- Cooler
Who provides home appliance insurance?
In most cases, when buying home appliances, you can arrange and sign an insurance contract through the store where you bought them. In this case, you can rest assured that your device is covered by insurance from the first minute of use. However, there are some insurance companies that also provide home appliance insurance for second-hand devices. So, even if your devices are not new, you don't have to worry about damage caused by a power outage.
Can I get home appliance insurance online?
The answer to this question depends largely on the insurance company you choose, but in most cases you can arrange your insurance policy online by providing your purchase invoice and a short video of your vehicle. Simply visit your insurance company's website and see if they offer online services.
Are natural disasters covered by home appliance insurance?
The items covered by home appliance insurance and the exclusions of this insurance may vary depending on the insurance company and the amount of additional coverage you have chosen. However, there are general items that were mentioned at the beginning of this article, and the most important of them is damage caused by sudden power outages. However, if you want to see this list in full and in detail, you can refer to this article on the Bima Bazaar website.
https://bimebazar.com/blog/home-appliance-insurance/#elementor-toc__heading-anchor-1
How much does annual home appliance insurance cost?
The estimated annual insurance premium you will have to pay is calculated based on various factors such as the price of the device, the cost of possible repairs, and the amount of compensation. However, if you want to estimate this cost in general, you should calculate 10 to 25 percent of the price of the device. For example, if you bought your refrigerator for 100 million Tomans, you will probably have to pay up to 2.5 million Tomans as insurance premium.
How much of the damage does home appliance insurance cover?
This is one of the things that will be made clear to you when you set up your insurance contract. And of course, you will choose an insurance company that offers the highest level of compensation in the fastest possible time. In some cases, it has been observed that the insurance payment level is up to 75% of the cost of repairing household appliances (if repair is possible) and 75% of the cost of replacing the appliance (if irreparable damage has occurred).
Can a mobile phone be insured with home appliance insurance?
To insure digital devices such as laptops, mobile phones, modems and other types of electronic devices, you can choose digital device insurance, which has better options for such devices and covers items specific to digital devices. For example, if your phone's screen breaks due to an impact, you can count on digital device insurance to replace it.
Does the electricity department compensate for damage caused by household appliances burning due to power fluctuations?
The answer to this question is yes. According to the Ministry of Energy’s resolution, if one of your home appliances is damaged due to a power outage, you can file a complaint with Tavanir Company and receive your compensation if approved. It is interesting to know that Tavanir Company’s insurance coverage is not limited to home appliances and also includes personal injuries.
Which is better: using the services of Tavanir Company or purchasing home appliance insurance?
One thing to keep in mind is that Tavanir's insurance premium is automatically applied to your bill, and there is no need to pay a separate premium or set up an insurance contract. However, the damages that Tavanir pays may be very limited and may not cover anything other than damage caused by power fluctuations.
