Nationwide launches smart home solution to add extra layer of protection to homes with connected devices

Teresa Scharn of Nationwide

Leaving home does not mean leaving your worries behind. For many, pulling out of the driveway can bring on anxiousness about the stove being left on or forgetting to close the garage door. Most people don’t even think about risks associated with leaky or frozen water pipes that could cause serious water or flood damage. Nationwide’s new smart home programme can help alert customers about these problems from wherever they are, before they become a nightmare.

Nationwide is partnering with Notion and their smart home monitoring technology to provide this added layer of protection. The easy-to-use Notion smart home monitoring system packs multiple capabilities into each sensor, which monitors the home for opening doors and windows, the sound of smoke/CO2 alarms and water leaks, all from a personal device.

Leading causes of insurance claims include water damage (31.4%), fire and lightning damage (26.8%) and theft (2.1%). The average claim severity is costly, with fire and lightning surpaiotssing $68,000 (€62983), water damage exceeding $10,000(€9262.2), and theft at more than $4,000(€3704).

“Smart home solutions will help our policyholders have more control in protecting their home,” said Teresa Scharn, Nationwide AVP product development. “From water leaks to sounding alarms, the homeowner can be notified if something happens, even when they are not there. Whether they’re away for the day, on vacation, or gone for the season, they’ll know what’s going on at home.”

If customers opt into the programme, they can purchase the Notion Wi-Fi enabled smart home kit at a discounted rate and save on their homeowners insurance policy.

“We’re thrilled to be selected as the IoT partner for Nationwide to launch their smart home technology programme to its customers,” said Brett Jurgens, CEO and co-founder of Notion. “As the insurance industry is quickly moving towards an IoT-oriented, lower-risk future, an insurer’s ability to offer smart home connectivity with policy incentives will become one of its biggest advantages.”

Smart home is available in AlabamaArizona and Illinois, with additional states to be added in the months ahead. Nationwide Private Client members across the country can also access smart home products where Nationwide Private Client is available.

Smart home monitoring benefits:

  • Peace of mind with the additional protection, even when they’re not home
  • Early detection to mitigate losses
  • Discount off Notion smart home Starter Kits.

Comment on this article below or via Twitter: @IoTNow_OR @jcIoTnow

Recent Articles

Life Lessons: Rock star to resistors to robotics

Posted on: June 4, 2020

A love of guitars led Tom Canning indirectly to the Internet of Things and his role as head of IoT and Devices at Canonical. Here, he tells IoT Now how his imagination was fired up lately by an enhanced computer vision use case, he shares about his worst boss, and the importance of listening to

Read more

Trusted Connectivity Alliance grows and strengthens across SIM ecosystem

Posted on: June 4, 2020

Trusted Connectivity Alliance (TCA), a global, non-profit industry association working to enable a secure connected future, has welcomed Arm, NXP and Qualcomm to the organisation as its latest members. Linxens and Workz Group have also joined as members in 2020.

Read more