Indiana Farm Bureau Insurance Offers New Program to Benefit Clients
After years of development and a successful pilot program, Indiana Farm Bureau Insurance is proud to announce the launch of the innovative “Smart Home Protection Program.” The program is designed to benefit homeowners insurance clients through the use of multi-function sensors and the company’s protective system discount opportunity.
This program, which is being offered through a partnership with Peril Protect, LLC, a subsidiary of Indiana Farm Bureau Insurance, offers qualified clients a free Notion® 5-Sensor Starter Kit (Notion System) that can easily be installed in their homes,
allowing them to monitor for various tasks, such as opening doors and windows, sounding alarms, detecting water leaks, and temperature changes via the Notion® app. With this system, homeowners can receive notifications on their smartphones of
potential issues in their home, giving them the opportunity to quickly address the problem before it spirals out of control.
“We designed this program with Indiana Farm Bureau Insurance clients in mind,” said Isaiah Blackburn, Manager of Peril Protect. “Over the course of two years, we learned what clients wanted through detailed surveys and one-on-one video
interviews. It became clear that insurance clients expect more from their carrier, without the carrier asking more of them. In May 2022, we implemented a 1-year pilot of this innovative program, which allowed us to help meet client home monitoring
needs by providing the Notion® System to them at no cost and putting the ability to stay connected to their home in their hands. During the pilot, more than 250 water leak alerts, 100 sounding alarm alerts, and 300 freeze warning alerts were sent
to participating, connected clients. We believe a connected home is a better protected home, and the results of the pilot program show that to be true. While Indiana Farm Bureau Insurance is taking on the cost of the systems, in the long run, we think
everyone will benefit.”
In addition to the equipment, participants in the program have access to a variety of supporting services. This includes a robust monitoring app, customer service, connections to the Home Advisor platform via the app in the case of a water emergency,
and the optional PRO service, which provides 24/7 professional monitoring for additional peace of mind.
A New Look at Insurance
The Smart Home Protection Program is proving to be popular among homeowners insurance clients, with nearly 1,000 having signed up during the pilot.
Indiana Farm Bureau Insurance is providing the Notion® System to eligible clients at no cost and not directing clients where to place the sensors or what risks to monitor. As Blackburn stated, “Clients know their homes and monitoring needs. To provide the most value, the starter kit is provided for free. The Notion® System is a tool for homeowners, so it was important to offer one that was versatile and adaptive, which clients will love.”
The Smart Home Protection Program not only provides the monitoring system, but also makes the client eligible for a discount of up to 15% on their insurance premium. Indiana Farm Bureau Insurance is cognizant of the impacts of the current economic environment and is happy to provide tools to help clients not only better protect their home, while potentially saving money. The program is truly a win-win for the client.
The insurance industry is changing, and Indiana Farm Bureau Insurance is leading the way.