Telematics aren't just for cars anymore. Liberty Mutual customers who agree to send monthly data from their smoke and carbon monoxide alarms to the insurer are eligible for discounts on their homeowners insurance.
Liberty Mutual announced last month it is partnering with Nest, the home automation unit of Google, to offer the new program to its customers. By allowing Liberty Mutual to obtain smart home information from a Nest smoke and carbon monoxide alarm, customers can be eligible for the insurer's Protective Devices discount program.
In a release, Liberty Mutual says it will collect information on whether the Nest device is working properly or not. Once a month, Nest will tell the insurer if the alarm's batteries are charged, its sensors are working and its Wi-Fi connection is good.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
