Smart-home devices could save you money on home insurance

KIFI

Published April 21, 2022 10:03 AM

By SARAH SCHLICHTER of NerdWallet

Smart-home technology isn’t just about comfort and convenience. Devices like water leak sensors, smart smoke detectors and motion sensors could also get you a discount on your homeowners insurance policy. Discounts may range from 1% to 13% per year, depending on the company, the devices you have and where you live. Some insurance companies even give their policyholders smart devices for free to help them protect their homes. Beyond premium savings, smart-home technology can also offer peace of mind by helping to reduce your risk of water damage, fire or theft.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.