
Laundry appliances – these would be
covered under home insurance if they were stolen or damaged by
weather or fires. However, in terms of regular wear and tear, you
would need contents insurance to cover them.
Refrigerator, freezer, oven, microwave
– like your laundry suite, barring natural disasters and theft, you
would require contents insurance to cover damage done to these items.
Stovetop – this is usually considered
a permanent part of the home, and would therefore be included in most
basic home insurance policies.
Stove Hood – this may surprise you,
but stove hoods are not generally considered a permanent part of your
home; it might not occur to you to insure it separately, but you
would need contents insurance to cover malfunctions for your hood.
Air conditioning – stand-alone units
would be covered under contents insurance; central air conditioners
would be covered under home insurance.
Heater – space heaters would fall
under contents insurance; central heating would fall under home
insurance.
Vacuum cleaner – Have you caught on
to the pattern? You guessed it: if it's a central vacuum we're
talking about, basic home insurance covers it. For your Hoovers and
Roombas, you'll need contents insurance.
How much of a dent will contents
insurance make in your paycheck? The good news is: not much. You
might be surprised at how much more economical contents insurance is
when compared with some of the warranty plans that items are sold
with...and it will certainly save you money and peace of mind on
items that are costly to repair and replace.