Travelers to Offer Homeowners Insurance Discount for Smart Home Devices

March 10, 2016

The Travelers Companies, Inc. will now provide a discount on homeowners insurance for eligible customers with qualifying smart home devices. Smart smoke detectors and security systems that alert homeowners through their smartphones may qualify for the Protective Device discount from Travelers, which is available countrywide.

“Creating a smart home with a variety of innovative connected devices can provide many benefits to consumers, including helping to keep their families and property safe,” said Elaine Montgomery-Baisden, chief underwriting officer of Personal Insurance at Travelers. “Our newly expanded Protective Device discount is one more way our customers who are using these products may benefit.”

Travelers is studying further advancements in home technology. The company has installed connected devices of all kinds at its Claim University facility to test the systems and educate its claim professionals about smart home technology. Travelers is also the insurance sponsor of the CNET Smart Home in Louisville, Ky., which will offer insights into how smart home products behave, interact and test in everyday environments.

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Latest Comments

  • March 15, 2016 at 11:24 am
    Agent says:
    Sounds to me like your friends should be suing the Alarm Company if it was that easy to hack.
  • March 10, 2016 at 5:02 pm
    Agent says:
    I have seen the discount offered and it is not that much. Perhaps just a bit more than having a Central Station alarm system.
  • March 10, 2016 at 2:15 pm
    Tom says:
    This is more than a bit stupid. Why would an insurer offer this until some credible security is developed for the Internet of Things. Two of my longtime friends went to smart... read more
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