Smart home technology isn’t just sleek and intuitive — it’s a potential way to reduce home insurance premiums.
Smart home technology isn’t just sleek and intuitive — it’s a potential way to reduce home insurance premiums. Leading insurers may reward you for devices that detect fire, water, theft, or electrical faults before damage occurs.
Insurance companies aren’t just waiting around for things to go wrong anymore. Thanks to smart home tech, like sensors that catch problems early, some are taking a more proactive approach. Fewer surprises mean fewer claims, which can help keep costs down for everyone. That’s why some insurers may now offer lower rates if your home is equipped with smart devices that help prevent damage in the first place.
Some insurers go further, covering the cost of smart devices or offering discounted hardware to help prevent issues before they start.
State Farm offers the Ting electrical monitoring system at no cost to eligible customers. Ting monitors for electrical faults that can lead to fires, providing early warnings and peace of mind.
Nationwide offers eligible homeowners a free smart-home monitoring system. Activating it can earn you up to 10% off your insurance premiums for fire, theft, and water coverage.
USAA offers eligible homeowners discounts on smart home devices like Resideo’s thermostats and First Alert water leak detectors through their Connected Home program. Signing up with these devices may also help you save on your homeowner’s insurance premiums.
These programs show how insurance is evolving — focusing on preventing problems, not just fixing them later.
The more your smart home watches out for risks, the more you can potentially save. Discounts could add up if you combine:
Monitored security systems (locks, cameras, alarms)
Water-leak detection sensors
Smart smoke and carbon monoxide alarms
Temperature or electrical sensors
Together, these devices create a stronger safety net, and that proactive protection may pay off in lower insurance premiums.
Take stock of your smart home setup — note your locks, cameras, detectors, thermostats, and other devices.
Check with your insurer — ask about eligibility, stacking rules, and what documentation they require.
Share your device data or logs if requested — like app history or professional monitoring reports.
Bundle your smart tech — the more layers of protection, the better the potential discount.
Keep proof of installation and activity — photos, receipts, certifications, anything that shows your system is active and working.
Update your policy as you upgrade — adding new devices could unlock new savings.
Smart devices do more than secure your home — they may lower insurance costs by reducing risks. Smart locks, security cameras, and other sensors combine to build a proactive safety network that insurers value, unlocking better discounts and greater peace of mind.
Disclaimer: Please note that insurance rates and available policy discounts are determined by your individual provider. Level does not guarantee or imply that any specific insurance coverage discounts are available.
