Is it worth getting home emergency cover on home insurance?

Is it worth getting home emergency cover on home insurance in Australia depends on age of home, savings and risk, but for many it is worth it for $50 to $150 per year add-on. Home emergency cover included as optional extra with building insurance from Allianz, NRMA, Budget Direct and RACV, covering 24/7 call-out for burst pipes, blocked drains, electrical failure, heating failure, broken locks and roof leaks, with repair up to $500 to $1,000 per event, call-out $200 to $500. For old homes over 20 years with old plumbing and wiring, it is worth it because one emergency plumber call-out at night costs $300 to $600 plus parts $100 to $300, electrician $300 to $500, locksmith $250 to $400, so one emergency per year can cost $500 to $1,000, more than cover cost $100. For example, burst pipe can cause water damage $5K to $20K if not fixed quickly, so emergency cover provides fast response preventing bigger loss. For new homes under 10 years with new plumbing and appliances under warranty, it may be less worth it as breakdown less likely and you may have emergency fund $1,000 to $2,000. For landlords, worth it as tenants can call helpline without landlord arranging. In UK where boiler breakdown common, 1 in 4 per year, worth it. So worth getting home emergency cover on home insurance for $100 per year if you have old home, no emergency fund, or are landlord, as it saves money and provides 24/7 peace of mind versus $500 call-out.