Old Mutual is suggesting that South Africans insure their appliances to protect themselves.
Insurance expert Christelle Coleman said consumers need to understand what it is they are covered for.“The majority of insurance companies will cover you either in full or a portion of power surge damage and of course your fires as a result of a power surge.
"But not all insurance policies are not created equal and this is why it is incredibly important to check your policy, talk to your broker,” Coleman said.
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