5 Insurance Impacts of the Internet of Things

Smart devices are poised to alter policyholders' lives — and the way they are insured.
February 01, 2013

2. Carpets

Smart carpets that detect falls are being developed with homebound seniors in mind. That could be a boon for health insurers, who can save costs by shaving precious seconds off of medical response times. But what about the potential to identify break-ins earlier? Simply set your smart carpet to alert the police if anyone walks on it during your vacation, and you could get a homeowners insurance break.

Insurance & Technology encourages readers to engage in spirited, healthy debate, including taking us to task. However, Insurance & Technology moderates all comments posted to our site, and reserves the right to modify or remove any content that it determines to be derogatory, offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM. Insurance & Technology further reserves the right to disable the profile of any commenter participating in said activities.

Disqus Tips To upload an avatar photo, first complete your Disqus profile. | Please read our commenting policy.
< Previous1 2 3 4 5 6 Next > 

< Previous1 2 3 4 5 6 Next >