How Technology is Changing Insurance

4/28/2018 (Permalink)

A home fire after a towel was left on the stove.

Picture this. You’ve just left your house to head to work, and you forgot to turn off the front oven burner after cooking your morning breakfast. There’s a dish towel sitting on the stove that’s just a little too close to the burner, and it catches on fire. Soon your whole kitchen is in flames. But because you have a traditional smoke detector, all it will do is make a lot of noise. Hopefully, your neighbor sees something is wrong and calls the fire department. However, if your home was equipped with a smart smoke detector, cameras and fire sprinklers, you could receive a phone or email alert notifying you of smoke in the house as soon as the dish towel started to flame up. You could check then out the issue on your cameras, remotely enable your smart sprinklers, and hopefully, contain the damage.  This is great news for homeowners because it’s going to keep damage from happening and their insurance low, SERVPRO works closely with both insurance agents/adjusters and homeowners and understands both of their needs. Technology will start to do the following: lessen risks with early warning, streamline the process of submitting a claim, decrease the number of claims, allow for a more personalized coverage. So, as long as we understand what our clients need we will forever be able to help them in a time of need.