Not professing expertise in this area. Like and trust Mike Holmes who tells of losing $25,000 CA of home appliances from a strike, so afterwards installed a whole house surge protector. His show always includes installation of a protector. He endorses the EATON. His face is on the box, so it must be good. I have that one installed at the box.....professionally. Plus a myriad of surge protectors.
I did give a decent 8 outlet Furman power conditioner/surge strip to a friend for his stereo and TV. His house was struck and the only things that survived were, you guessed it, plugged into the strip. All wiring and appliances blown. It's kind of individual event dependent.
Something is probably better than nothing and there are no guarantees.