Surge protection is a good thing for all the appliances in your house. If your utility allows it, a Type 1 protector installed in your meter panel is an excellent first line of defense. My electric utility doesn't allow use of Type 1 protectors, so I settled on the next best thing, which is a Type 2 installed in the electric service panel.
I have power conditioning installed ahead of my audio components, but I don't think of those units as surge protectors.