Category: Home Insurance

Smart locks are among the latest in home security trends as they offer a convenient and secure way to control your home’s access. These keyless, high-tech entry systems can be accessed remotely and offer remote monitoring of your home. If you live in and around the Elmira, NY area, the insurance professionals at Stewart Agency, Inc. offer the following helpful guidance regarding smart locks:

Types of Smart Locks

The market for smart locks is still somewhat in its infancy, so current smart lock applications are currently evolving. Most available smart locks offer user management options, integration with smart home systems, as well as the ability to maintain and download activity logs of those who accessed your home. The following are a few of the types of smart locks available in the marketplace-

• Wi-Fi Enabled– connecting through your home’s network.
• Key-based– uses a touchpad to enter a defined code.
• Bluetooth Enabled- connecting through a smartphone, etc.
• Biometric- uses biometrics like fingerprinting, etc.

Do Smart Locks Impact Home Insurance?

The implications on insurance may include:

• Certain policies may offer discounts on premiums for homeowners who have installed a security measure, like a smart lock. This is because a smart lock adds a layer of security.
• Smart locks can help should you need to defend against a liability claim. For example, if you use smart locks to allow access to contractors, it shows reasonable caution and may limit liability in case of an incident.

Contact Us Today

If you live in the greater Elmira, NY area and would like additional information regarding how smart locks may impact your home insurance, contact the Stewart Agency, Inc. We look forward to meeting your New York State insurance needs today.