Originally Posted by abelincoln
Isn't everybody subject to damaging surges?
Everybody is also subject to being struck by lightening in their front yard and winning the lottery.
It is all about quantification - the odds it will really happen to you.
The executive summary is "Not so much".
Maybe some people live in an area that never gets lightning
Some years back the guy on the next block had his house struck by lightening that hit a tree, jumped to his house, and set it on fire. I was listening to my stereo at the time and it didn't miss a beat.
and where the power company provides pristine power 100% of the time.
Excluded middle argument - the power doesn't have to be pristene to make good equipment happy.
I looked at a couple of surge protectors on Home Depot. I'm sure they have the same type of surge protection as the tripp-lite I linked but do they come with insurance and lifetime warranty?
The only reason why insurance companies make money is that people are generally irrationally risk-adverse. They will spend much more money to avoid risk than the actual expected cost of the risk.
I repeat. If you are really worried about damage to your house and what's in it due to a power surge, get a whole-house protector. Don't waste your money on amulets and toys, with or without insurance policies bundled with them.