To the OP, if you do a search (above) here for "surge suppression" many threads will appear that also discuss all this.
Having surge suppression is probably a good idea.
Here's a short video to help (I hope).
Protect Your Home From Dangerous Lightning Strikes!
Last year I went for the electrical circuit panel mounted type installed by Lenhart Electric. I got the best one they offer which was $275. installed. Also use individual point of use for microwave, irrigation timer, TV, etc.
Surge Protection - Lenhart Electric Company
Maybe someday will "buy" the SECO meter mounted one but haven't done so yet.