With the advancement of technology that performs so many tasks within the home, more people are either converting their residences to "Smart Homes" or they are adding technology to handle specific functions. Not only does this technology makes our lives easier but it also keeps us safer. And one byproduct of his transformation is lower homeowners' premiums. By providing another layer of automated protection, insurance companies are seeing lower claims. The type of technology insurance companies like to see installed include...
Wireless Home Security And Control- to control lights, temperature and security cameras.
Leak Detection Systems- to detect leaks from water heaters, water intrusion from floods, furnace failures, gas leaks, etc.
Security Video Systems- for overall home protection.
Smart Plugs Or Outlets- to remotely turn off appliances, such as stoves.
Home Weather Warning Systems- for detection of high winds or severe weather.
Sprinklers Systems- which are now being used in homes.
Because these smart devices have helped minimize damage or lower the number of claims policyholders file, many insurance companies reward homeowners by reducing premiums or even subsidize the cost of these devices or pay to install them.
The professionals at J.P. Perry Insurance fully support customers using smart technology for their homes. However, this technology can add value to your home and you need to make sure your policy covers these assets. In most cases, the homeowners' policy will cover technology, but every policy has its limits. To know if your smart technology is covered, have your J.P. Perry agent check the value of your policy against your technology purchase. As long as you are under your limit, you will be fine. But you may need to consider purchasing an add-on or rider to your policy. Contact the professionals at J.P. Perry. They have the answers.