Samsung Electronics and Hartford Steam Boiler (HSB) are partnering to offer homeowners a new path to potential savings on their insurance premiums. The collaboration, announced at CES 2026 [[2]], leverages data from connected Samsung smart appliances to demonstrate reduced risk to insurers. This initiative reflects a broader industry trend toward utilizing the Internet of Things for preventative risk management and personalized insurance pricing [[3]].
Smart Home Technology Could Lower Insurance Premiums for Samsung Appliance Owners
Samsung Electronics has launched a new program, Smart Home Savings, in partnership with Hartford Steam Boiler (HSB), a Munich Re company specializing in technology-driven risk management and equipment insurance. The service aims to help U.S. homeowners reduce their insurance costs by leveraging the built-in protective features of compatible Samsung smart appliances connected to the SmartThings platform.
The program, accessible through the SmartThings app, allows customers to share information about their connected devices with participating insurance companies. Homes equipped with appliances capable of detecting potential issues – such as minor water leaks – may be viewed as lower risk, potentially leading to premium discounts. This initiative reflects a growing trend of insurers utilizing data from smart home devices to assess risk and offer personalized pricing.
Pilot Program Shows Promise, Expansion Underway
Samsung and HSB initially tested Smart Home Savings in Florida in 2025, partnering with major U.S. home insurance providers. Early results indicated significant premium reductions for many participants, though the exact savings vary based on location, insurer, and individual home characteristics. Building on this success, the companies are now expanding the program to additional states and plan to launch it in Europe and other global markets later this year. The program is now open to all U.S. insurance companies.
The initiative is designed to align with the Home Connectivity Alliance (HCA) Specification for Insurance Interfaces, promoting scalability and competition by allowing multiple insurers and smart home brands to participate. This open framework is intended to foster innovation and provide consumers with more choices in both the insurance and smart home markets.
“Samsung is committed to delivering practical benefits through connected home innovation,” said Hyesoon Yang, Executive Vice President and Head of the Digital Appliances (DA) Business at Samsung Electronics. “Smart Home Savings is designed to help households take advantage of personalized, smart insurance benefits, and we will continue to collaborate with our partners to expand safe and intelligent living experiences worldwide.”
“HSB, through our proprietary platform, is connecting Samsung with insurers to provide families with access to protection and affordability,” added Greg M. Barats, President and CEO of HSB Group Inc. “A connected home is a safer home; the initial results are strong, and we look forward to expanding the service with leading U.S. insurers.”
[1] To utilize SmartThings features, the SmartThings app must be installed and connected to a wireless network. Feature availability, compatible environments, and specifications may vary by product. The SmartThings app is available for download from the Galaxy Store, Play Store, or App Store (Android OS 9.0 or later with at least 3 GB of RAM or iOS 15.0 or later).
