How Your Life Can Be Easier and Cheaper with IoT

Internet of Things Concept – Home Appliances Connected To Smartphone

The way of todayโ€™s society is about living life in the fast lane and trying to get as much money as you can get your hands onโ€”no, not you, sticky-fingered kleptomaniacs. Imagine devices that collect and transfer information instantly and can also save you money in the long-run. Iโ€™m referring to whatโ€™s known as IoT, or, the Internet of Things.

What โ€œthingsโ€, you may ask? With such a broad title, what โ€œthingsโ€ are including the internet? Itโ€™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 deviceโ€™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-dentistโ€™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 youโ€™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 letโ€™s use it to our advantage.

ย By: Kaylynn


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Search All Blogs

Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about our blog writer?

Read more about KayLynn's background.

Click Here

Search All Blogs

Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Beyond the Funeral: 9 Reasons Why You Need More Life Insurance Than You Think

Life Insurance: Not Just for Buryin’! Unexpected Costs You Never Knew Were Covered

New Car, New Coverage? Navigating the Wild World of Auto Insurance

New Car? Don’t Get Stuck on the Side of the Road with Bad Insurance!

Renters Insurance: Your Secret Weapon Against Disaster (and Burglars!)

Beyond Broken Leases: Why Renters Insurance is Your Best Friend (and How to Get a Great Deal)

Flappers, Flights & Fizzy Fridays: The Roaring Twenties You Never Knew

Dive into the 1920s beyond the speakeasies! Explore the decade’s social shifts, technological marvels, and surprising connections to modern times.

Bundle Up and Save! The Ins and Outs of Business Insurance

Unsure about business insurance? Don’t be! Learn how bundling different coverages protects your company and puts money back in your pocket.

Life Insurance Myths Busted: Unveiling the Simple Truths Behind Financial Security

Considering life insurance but confused by the myths? We clear the air on common misconceptions and show you how to get simple, affordable coverage.

Buckle Up for Savings: How Car Safety Ratings Save You Money

Crash Test Your Cash Flow: How Car Safety Ratings Impact Insurance Rates

Pool Paradise or Premium Pain? The Splashing Truth About Pool Insurance

Dive into Savings: How Pools Affect Homeowners Insurance (and How to Stay Afloat)

Lights, Camera, Action! Exploring the Real-World Locations of Your Favorite Films

Exploring the Real-World Locations of Your Favorite Films

From PJs to Productivity: Mastering the Work-From-Home Hustle

Ditch the Commute, Keep the Cash: Working From Home Hacks for Peak Performance