As another so accurately noted, nothing stops a surge. Not mentioned are so many facilities that suffer direct lightning strikes without damage. What they do not use is a protector too close to electronics and so far from earth ground.I leave everything on...but plugged into one of those surge protector plugs/strips. Just lost a modem about a month ago, but it was a weird one. Seems like one of my WiFi router LAN ports blew also (The one connected to the modem at the time).
Surge is energy hunting for earth. Either you earth that energy harmlessly outside the building. Or nothing stops that energy from hunting for and selecting a destructive path to earth via some appliance.
What does a protector adjacent to an appliance sometimes do? Gives that surge even more paths to find earth - destructively. Such as through an adjacent modem.
No surge protector does protection. Either a protector connects hundreds of thousands of joules harmlessly to earth. Or it is a profit center. Where is a dedicated wire for the always required short (ie 'less than 3 meter') connection to single point earth ground?
That wire is how hundreds of thousands of joules are connected - harmlessly. How many joules in that plug-in protector? Hundreds? How does that protector without a short connection to earth make hundreds of thosuands of joules disappear? It doesn't as modem damage also demonstrates.