17. August 2016 · Comments Off on Insurance Industry Takes Cautious Approach to Home Smart Devices  · Categories: News · Tags: , , , ,

The property and casualty insurance industry is taking a closer look at the potential for smart home devices. Observers expect that smart homes will have a similar effect on home insurance that telematics and the connected car did for auto insurance. Soon, carriers aim to use connected-home technology for claims avoidance, underwriting and improved interactions with homeowners beyond just creating a policy.

Source: Insurance Industry Takes Cautious Approach to Home Smart Devices | Information Management Online