Smart Home Technology Can Help Reduce Property Damage, Claims

 Thursday, March 17, 2016

 Canadian Underwriter

Smart home technology can serve as a prevention tool for homeowners looking to reduce potential damage related to exposure to the elements, with Allstate Canada reporting Thursday a company review of home claims reveals almost one in four are related to wind and hail. The claims data for Canada shows 38% of all home claims reported to the insurer between 2010 and 2015 were caused by wind and hail, notes a blog by Glen King, director of product development and underwriting research for Allstate Canada’s Enterprise Risk Management department, the first in a series called Future Forward.
PropertyTechnology
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