Tuesday, March 12, 2024

Like Snapshot for Your Home

Progressive Insurance pioneered telematic monitoring devices to offer Pay-How-You-Drive (PHYD) insurance policies over a decade ago. Now State Farm, along with other insurance companies, is partnering with Whisker Labs to offer the Ting home monitoring system. These are WiFi-enabled sensors that plug into an outlet to detect potential electrical fires. Whisker Labs monitors these sensors in what they claim is the largest Internet of Things (IoT) network to monitor the grid. State Farm is offering these for free to its customers presumably because, once insured, customers provide too little of their own monitoring.

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