Kanetix Forum

I currently have a natural gas stove and dryer. Both are pretty old and will soon need to be replaced. If I buy electric appliances will this lower my home insurance premium?

No, it doesn't matter whether your appliances are gas or electric. Switching between gas or electric appliances will not increase or decrease your home insurance premiums.

Sean Graham, Principal Broker at KTX Insurance Brokers.

Neither Kanetix® nor the KanetixForum.ca is an insurance broker or agent. Although this information has been passed along to you from KTX Insurance Brokers through the Forum, we are not responsible for the opinions expressed by them. Insurance can be complicated. When reading these answers, keep in mind each person¿s situation is unique. Individual responses may vary depending on your insurer, geographic location, and specific circumstances. If you have a similar situation, always speak with your insurance provider, or a licensed insurance representative, for terms and conditions that may apply to you.