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What is home appliance insurance?

Home appliance insurance, also known as a home appliance warranty or home protection plan, provides financial protection in the event of an appliance breakdown. Unlike homeowners insurance, home appliance insurance doesn’t cover damage from unforeseen events like fires, floods, or theft.

What is the cheapest home appliance insurance?

Select Home Warranty is the most budget-friendly provider on our list of top home appliance insurers. While the provider has a relatively low coverage cap of $500 per appliance, it has one of the cheapest complete home plans at just $48 per month — around 8% less than the average home warranty cost.

Does home appliance insurance cover repairs?

Thankfully, home appliance insurance can help cover these expenses and connect you to a repair technician quickly. Home appliance insurance, also known as a home appliance warranty or home protection plan, provides financial protection in the event of an appliance breakdown.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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