I bought a single burner, counter top , induction burner about 10 or more years ago. I mostly have used it to boil water, to make large pots of things like chili or spaghetti sauce... It's not the high temperature features that I use it for most, it's for it's ability to simmer the large pots of sauce and chili, without burning it. My professional style gas stove just didn't work well for simmering things.
Anyway... I don't do much searing on my induction cooktop thing, but it's easily capable of it. And, I personally will probably own one and/or have one somewhere handy for the duration of my life. They are just so versatile and useful for so many things, and they really can be purchased pretty cheap these days. Now my first one ( NuWave ), only survived about 7 years or so, using it maybe 3 or 4 times a month... My second one, a "Mr Induction" ( next best thing to a Mister Fusion I guess ), is still working, but the LED display doesn't show all it's elements... I do own another, that I've only used a few times, I keep it around just for backup, or to use away from home , etc... I think my 3rd one , was one of these "copper chef"... I can't say much about it's reliablity, just because I don't really use it much, as it's currently only serving as backup to my aging Mr Induction.
Yup, I'll own one for life... just to convenient to not have around.