household appliance insurance worth it?

chrisfc

hi.
got a few household appliances that are now a few years old. Is it worth getting some kind of insurance for these in the event of breakdown?

the usual; dishwasher, washing machine, fridge-freezer, cooker...

any ideas/reputable companies?
thanks,
chris.

gazza975526570

my personal view is that the cost of these items are so cheap thesedays that they are a wastefull expense unless you get a great deal on something.

Unless you have bought some fantastic top of the range product i would give them a miss.

Coupon-mad

I agree with gazza, these policies are a waste of time and money in my view.

I don't take them out for new appliances (e.g. my washing machine last year) let alone items a few years old. Chances are you'll get loads more use out of your gadgets before they have to be replaced - and if not then a one-off repair on one item is cheaper than, say, seven insurance policies on all your items, IYSWIM.

Spend your money on something else!

Debt_Free_Chick

I also agree that they're a waste of money! Often, if you put the premium in a savings account, you'll have saved up the cost of a replacement in about 2 years! So we do that instead, meaning that we can afford to have the appliance repaired, if economical to do so, or simply replace it.

chrisfc

thanks all, sounds good advice. will put the money aside instead.