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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