Smart home technology has moved well beyond convenience gadgets – a growing number of devices actually reduce real insurance risk, and insurers have started rewarding homeowners who install them. Here’s what’s worth considering for your Sacramento home.
Smart Water Leak Sensors
These devices detect leaks early, often before they cause significant damage, and some can automatically shut off your home’s water supply. Given how common water damage claims are, a growing number of carriers offer discounts for homes with these sensors installed.
Smart Smoke and Carbon Monoxide Detectors
Connected smoke detectors that alert your phone, and in some cases the fire department directly, can reduce response time in a fire event and may qualify for a monitoring discount.
Smart Security Systems and Cameras
Video doorbells and connected security cameras can deter break-ins and package theft, and monitored systems in particular often qualify for a meaningful homeowners insurance discount.
Smart Smart Locks
Keyless entry systems reduce the risk of unauthorized access from lost or stolen keys, and some insurers include this as part of a broader smart-home discount package.
Smart Thermostats
While not always directly tied to an insurance discount, smart thermostats can help prevent frozen pipe damage during unusual cold snaps by allowing remote temperature monitoring and adjustment while you’re away.
Whole-Home Automatic Shutoff Valves
These devices, often paired with leak detection sensors, can automatically shut off your home’s water supply when a leak is detected, potentially preventing significant damage and sometimes qualifying for a larger insurance discount than basic leak sensors alone.
Weather and Environmental Monitoring Devices
Some smart home systems monitor humidity and temperature, which can help catch mold-promoting conditions or HVAC issues early, potentially reducing the odds of a larger claim down the road.
How to Confirm Discounts With Your Carrier
- Ask your agent specifically which smart home devices qualify for a discount with your carrier
- Keep receipts and documentation of installed devices
- Some carriers partner with specific smart home device brands for enhanced discounts, so it’s worth asking before purchasing
Frequently Asked Questions
Do all insurers offer the same smart home discounts?
No, discount programs and qualifying devices vary significantly by carrier, so it’s worth confirming with your specific insurer.
Which smart home device offers the biggest insurance discount potential?
Water leak detection and automatic shutoff systems often provide some of the more meaningful discounts given how common and costly water damage claims tend to be.
Do I need to notify my insurer after installing smart home devices?
Yes, discounts typically aren’t applied automatically – you’ll need to inform your agent and provide documentation.
Find Out What Discounts You Qualify For
Eugene C. Yates Insurance Agency can review your Sacramento home’s smart devices and make sure every applicable discount is applied. Contact us today for a free review.