How Your Life Can Be Easier and Cheaper with IoT

Internet of Things Concept – Home Appliances Connected To Smartphone
The way of today’s society is about living life in the fast lane and trying to get as much money as you can get your hands on—no, not you, sticky-fingered kleptomaniacs. Imagine devices that collect and transfer information instantly and can also save you money in the long-run. I’m referring to what’s known as IoT, or, the Internet of Things.
What “things”, you may ask? With such a broad title, what “things” are including the internet? It’s anywhere from home-security devices, to a toothbrush. What even is IoT? The Internet of Things uses a system of devices implanted with a technology that senses different aspects of that device’s surroundings and relays that useful information right to your cell phone. This technology can take the details of your everyday life and instantly send those facts to help you improve the quality of your life in many ways.
IoT includes devices that instantly measure carbon dioxide levels to prevent housefires via the smoke detector in your home, and doorbells that enable you to answer your door from your office space and have a face-to-face conversation from work. Also, the toothbrushes that measure the exact surface area of your teeth you are brushing, preventing too many trips to the dreaded-dentist’s office.
By having IoT connected to a security device in your home, with quick-response alarms equipped with built-in cameras that send notifications directly to your smart phone, the risk of emergency situations and burglaries in your home can greatly be reduced. When your agent notices you have preventative devices to protect your home, they are likely to reduce the cost of your home insurance.
Similarly, using an app on your smart phone enabled with UBI, or usage-based insurance telematics, to measure how quickly you stop and accelerate, your speed, even what time you’re driving, can result in discounts on car insurance. Some insurance companies use your driving record to decide how much your insurance is. This depends on how your driving is, rated on a scale from 80-year-old grandma, to absolute maniac. Just kidding, I think the scale involves more numbers.
This form of technology has begun to attach itself to numerous devices we use in our everyday lives, and it will only continue to impact our lives in the future, so let’s use it to our advantage.
By: Kaylynn
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search All Blogs
Search All Blogs
Read More Blogs
Tree Houses and Homeowners’ Insurance
Does a Tree House Put You at Higher Risk When it comes to Homeowners’ Insurance?
When Was the Last Time You…?
Ready for a Trip Back Into Time?
Business Insurance for Start-ups
Protect Your Business from the Very Start with a Custom Business Insurance Plan
Life Insurance Is Not About You
There are Many Good Reasons to Get Life Insurance. You May Not Be One of Them.
Big Boy Toys and Auto Insurance
Make Sure Your Motorized Toys are Covered
Six Common Homeowners Insurance Mistakes
Avoid These Common Errors When Buying Homeowners’ Insurance
Five Recent Fads That Came and Went Quickly
Wow! What Was That? Oh, It Was the Latest Fad.
Are You Legally Required to Carry Business Insurance?
What Type of Business Insurance May Your Business Be Required to Carry?
Four Needs Life Insurance Can Help Fulfill
Life Insurance May Be More Versatile Than You Think
Car Insurance FAQ’s
The Questions We Hear Most Often Regarding Automobile Insurance