If you want to save money on home insurance premiums, Smart Home Technology can help.
If you have:
- video surveillance cameras,
- ways to detect gas leaks,
- security systems that let you program in settings,
- etc.
there are many insurance companies who will reduce your premiums.
Of course, smart homes do come with a price tag, but having your insurance company reduce your premiums can help to offset some of these costs.
Why would an insurance company do this?
Here are some examples.
Alarm Activation:
Allowing a smart home to activate an alarm, can prevent losses within the home, by scaring a burglar away.
Locking Doors:
Allowing a smart home system to lock your doors for you remotely, can protect your home, even when you forget to lock a door when going on vacation.
You can also set up Bluetooth locks on your home, which allow you to send remote access codes to gas and other people who might need to get into your home.
Controlling Lights
Allowing a smart home system to turn on lights at varying intervals throughout the day can confuse would be Intruders about what is going on inside of your home, and cause them to look for an easier target.
Leak/Smoke/Smart Detectors
Allowing Leak Detectors to send notifications to you, even when you’re not home, can let you fix small problems with water or natural gas.
These could become very large problems had they gone undetected.
Of course, smoke detectors have been around for a long time, but a smart smoke detector can detect things like smoke separately from fire, separately from carbon monoxide, separately from radon.
Using the settings that come with these devices, you can notify the right person based on which alarm is tripped, including police, fire, or even your local handyman/handywoman.
Your home can also let you know about the quality of the air in your home, which can be used to improve your health bye reducing risks associated with mold or other air quality issues in your home.
Monitoring Usage
Your smart home can also be set up to let you know how much water or how much electricity you are using.
You can set up your home to let you know when you are using more, or less, than is
- normal for your home,
- normal for your area, or
- normal for you.
These monitoring systems can also be used as an early warning sign of something which could become a bigger problem if not addressed right away.
What About the Cost of a Home Automation System? Will that offset How I Save Money on Home Insurance
It used to cost tens of thousands of dollars to install a smart home automation system.
And while those systems still exist, there are many devices now which make it significantly less expensive to have a smart home.
Of course, the challenge is getting everything to work together.
This is one of the reasons we offer our services to you, to make things easier.
We find that people are able to get the biggest home insurance discounts through home monitoring services.
If you are hoping to save money on your insurance premiums, the place to start really is with some kind of home security or home monitoring system.
We can help get that set up for you. Send us an email or give us a call.
A monitoring system is really the right place to start, if you are looking to negotiate with your insurance company for discounts on your premiums.