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Unbelievable Facts About Smart Home Technology

Posted Apr 15th, 2019 in Media, General, Insurance Tips, Home Insurance, Did You Know?, In the News

It seems like everyone is interested in the latest smart home technology and automation. Considering the smart device advancements who wouldn’t want to control everything in their home with one click?


Unbelievable Facts About Smart Home Technology, Youngs Insurance, Ontario

In an effort to breakdown the latest smart home technology, it’s important we provide you with the foundational knowledge surrounding these trendy device options for your home.

What is a smart home?  

A smart home is a home that has various devices connected via mobile phone that allows for communication, control, monitoring and tracking to be automated. Basically, it provides the opportunity to control your home without physically being there.

The mass appeal of having a smart home:

Of course, it’s appealing to be able to control the music, lighting, and temperature in your home by voice command or a simple click on your mobile phone. Not to mention the peace of mind it brings being able to remotely monitor your home security, watch a live-time video of your beloved pet, grocery monitoring and open and close your front door. The mass appeal of having a smart home is undeniable.

What are the benefits of having a smart home?

Without a doubt, the biggest benefit of having a smart home is money-saving. Techaeris estimates that we save around $1,179.60 per year and having a smart thermostat alone can save you 20% on heating and cooling costs. Furthermore, this technology helps reduce energy usage, protect home security, and save time.

Types of smart home products you should consider purchasing:

  • Alarm monitoring and locks
  • Thermostats and fan
  • Indoor/outdoor lighting
  • Carbon monoxide/smoke detectors
  • Water pipe monitoring/leak sensors

However, if you’re interested in what all is currently available, we recommend you read PC Mag’s article, The Best Smart Home Devices for 2019.

The insurance industry has started to incorporate the adoption of smart home devices into their discount programs; however, not all companies have this available. Contact your Youngs Insurance Broker today to see if your insurer offers any discounts for this technology.


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