Load-shedding destroys electrical appliances — here's what it means for household insurance

[Bradley Prior]

Load-shedding destroys electrical appliances — here's what it means for household insurance

Power surge-related insurance claims have increased nearly 50% in the past year, thanks to load-shedding.

 

[Dan C]

“These surges and dips in the supply of electricity result in damages to electrical circuits of electronic items, and in some instances result in fires.”

 

[backstreetboy]

Nothing if you're smart and don't have household insurance. Just put the R200 you'd be paying the insurer towards buying a surge protector for the fridge and put the rest away in a Tymebank goalsave etc. and when you need to replace something you'll have the cash.

 

[deweyzeph]

I always say that I don't have an alarm system even if I do, because it's really only about a R50 difference in your monthly premium. Your alarm system is just too much of a good excuse for your insurance company to reject your claim.

 

[Thugscub]

Potholes destroy vehicles.

 

[air]

I always say that I don't have an alarm system even if I do, because it's really only about a R50 difference in your monthly premium. Your alarm system is just too much of a good excuse for your insurance company to reject your claim.

Me too, hv indicated I don't have one, not prepared to get into that discussion, happy to pay the difference

 

[PsyWulf]

My insurance now has a differentiated Excess for load-shedding claims,significantly higher than other excesses

 

[Grubscrew]

Nothing if you're smart and don't have household insurance. Just put the R200 you'd be paying the insurer towards buying a surge protector for the fridge and put the rest away in a Tymebank goalsave etc. and when you need to replace something you'll have the cash.

It will take 8. 333 years to save enough to buy my fridge at R200/m.

 

[RudderVator]

It will take 8. 333 years to save enough to buy my fridge at R200/m.

Your whole house burns down and R500 000 would take much longer to raise at R200p/m

I might agree that paying R300 a month for just a R30 000 cell phone might be bad value.

 

[Dan C]

Your whole house burns down and R500 000 would take much longer to raise at R200p/m

I might agree that paying R300 a month for just a R30 000 cell phone might be bad value.

Whole house burn down at R500 000 ? where do you live.

More in the region of R1mil for an average house with all your belongings inside.

Besides that will be a different insurance claim altogether.

 

[system32]

Another reason to get a PV+Inverter+Battery

 

[Dan C]

Another reason to get a PV+Inverter+Battery

Inverters and batteries are prone to catch fire

 

[Ninja]

Nothing if you're smart and don't have household insurance.

oxy moron

 

[RedViking]

That's why you have at least a surge protector timer on appliances.

 

[upup]

How do you prove load shedding killed your tv / fridge.

 

[Dan C]

How do you prove load shedding killed your tv / fridge.

I know for a fact that video killed the radio star.

 

[Ninja]

How do you prove load shedding killed your tv / fridge.

smoke
and fire

 

[Mystic Twilight]

Your whole house burns down and R500 000 would take much longer to raise at R200p/m

I might agree that paying R300 a month for just a R30 000 cell phone might be bad value.

The fire-safety risk of load shedding - SHEQ Management

“The public needs to be aware of the potential fire risks posed by electricity utility Eskom’s decision to implement scheduled load shedding across South Africa,” warns ASP Fire CEO, Michael van Niekerk. He urges all homeowners to put basic fire-risk mitigation measures in place. In a recent...

sheqmanagement.com

 

[backstreetboy]

It will take 8. 333 years to save enough to buy my fridge at R200/m.

Coincidentally my fridge is 6 years old. Just two more years to go.