Travelers to sell smart home solutions on Amazon, offers insurance discounts after purchase

  • Travelers' digital insurance storefront is the first of its kind on Amazon's website, according to the company.
  • “Smart home technology is making it easier for all of us to monitor our homes and help protect us from some of the most common causes of damage,” says Michael Klein, president of personal insurance at Travelers.

Insurance company Travelers is working with Amazon to sell smart home kits.

The company said the kits will help homeowners prevent losses. It is the first digital insurance storefront of its kind on Amazon's website, according to Travelers.

"Smart home technology is making it easier for all of us to monitor our homes and help protect us from some of the most common causes of damage," Michael Klein, president of personal insurance at Travelers, said in a release.

Shares of Travelers closed down 2.6 percent on Wednesday.

The smart home kits include:

  • Security cameras.
  • Water sensors.
  • Motion detectors with multisensor capabilities.
  • A smart home hub that wirelessly connects a wide range of smart devices and enables them to work together.
  • An Amazon Echo Dot.

The kits are currently available for preorder on the storefront and will be released Thursday.

Eligible Travelers insurance customers will get a discount on their home insurance policies if they buy a smart home kit.

The Lennar/Amazon experience living room in Aldie, VA.
Diana Olick | CNBC
The Lennar/Amazon experience living room in Aldie, VA.

Analysts have speculated that the home insurance market could be another area for Amazon to disrupt. In August, Reuters reported that the internet giant spoke with European insurers about the creation of a price comparison website in the U.K.

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