Everything you need to know about insurance basics, like coverage types, limits, cost and more.
When Should You Buy New Appliances?
In order to get the best deal, you should buy new appliances between the months of September and October. It’s during those months when inventory is high at appliance retailers, as new models are making their way off the assembly line and on to the showroom floors.
You depend on your home’s appliances every day, from getting the dishes done to drying laundry. And if one of these important devices breaks down, or requires replacement, it may be time for to consider an appliance upgrade. If you’re thinking about repairing or replacing your appliances, take a look at these tips so you have an idea of when to shop for your next big investment.
What’s the Best Time of Year to Buy Appliances?
With the arrival of new appliance models typically occurring around the last quarter of the year, the best time to buy appliances is usually in the early fall. Even though the best month to buy appliances is usually October, there are other periods during the year — like national holidays and online events — that can help you land a great price on the appliance you need:
- Columbus Day
- President's Day
- St. Patrick's Day
- Memorial Day
- Fourth of July
- Labor Day
- Black Friday
- Other Online Sale Days
What to Look for When Upgrading Your Appliances
Did you know appliances can account for up to 20% of home energy use? That’s why purchasing energy-efficient appliances is not only better for the environment but for your pocketbook, as well. Any time an old appliance gives out, it’s a good idea to replace it with an upgraded, energy-saving model.
According to the U.S. Environmental Protection Agency (EPA), efficient appliances use 10%-50% less energy and water than standard models. Even installing ceiling fans and tankless water heaters can reduce your energy consumption. Let’s take a look at how you can save with some of your biggest home appliances.
In almost every home, refrigerators are the most energy-consuming appliance, accounting for about one-third of the electric bill. This is especially true for all refrigerators purchased prior to 1993 — which is before the EPA’s ENERGY STAR® program was introduced.
If you own a refrigerator that was purchased before 1993, think about replacing it with a new fridge marked with the ENERGY STAR logo — it could be up to 50% more efficient than your old fridge, giving you significant savings on energy costs.
ENERGY STAR dishwashers are an estimated 25% more efficient than conventional models. In addition to energy savings, they also minimize water use and demand on your water heater.
Washing machines and dryersAn efficient washer uses 50% less energy than a standard washer and uses 15-22 fewer gallons of water per load. The American Council for an Energy-Efficient Economy (ACEEE) recommends replacing washing machines older than ten years with ENERGY STAR models.
And last but not least, don’t leave your conscience behind when you upgrade. Those old appliances don’t belong in the trash — recycle them! Visit Earth911 to find appliance recyclers in your neighborhood.
Protect Your New Home Appliances
Buying a new appliance should mean that you’re looking carefully at product reliability reviews online before you make the purchase. You’ll also be able to take advantage of a warranty that might cover the appliance if it breaks during the first few months after installation.
But what about three years from now? Will your warranty help you if a power surge destroys the circuitry in your refrigerator? With American Family Insurance’s Equipment Breakdown coverage, you can be covered for just such an event. So check in with your agent today and inquire about this important coverage while you’re out shopping for new appliances. You’ll find great protection for your big investments that can help protect them in the years ahead.