URGENT UPDATE: Samsung Electronics and Hartford Steam Boiler (HSB) have just announced a groundbreaking collaboration that promises to lower home insurance premiums for U.S. consumers. The innovative Smart Home Savings program, launched on January 6, 2026, enables homeowners to benefit from reduced insurance costs by utilizing smart home technology.
This service allows users of Samsung’s SmartThings app to inform participating insurance carriers about the safety features of their connected appliances. Homes equipped with devices capable of detecting early risk indicators, such as small water leaks, may now qualify for premium reductions. This initiative not only aims to cut costs for families but also highlights the transformative potential of technology in reshaping the home insurance landscape.
IMPACT: As families face rising costs, the Smart Home Savings program offers a tangible way to save money while enhancing home safety. By simply opting in through the SmartThings app, customers can unlock lower premiums based on their connected appliances’ capabilities. Early pilots in Florida show promising results, with many households experiencing significant savings on their insurance premiums.
Samsung and HSB are expanding the program to more U.S. states and plan to extend it globally throughout this year. This initiative aligns with the Home Connectivity Alliance (HCA) Insurance Interface Specification, promoting a competitive environment among insurers and a diverse range of smart-home brands.
“The early results are strong, and we look forward to expanding the service with leading carriers across the U.S.,” said Greg M. Barats, President and CEO of HSB Group Inc. “A connected home is a safer home, and this initiative is designed to give families access to both protection and affordability.”
Samsung’s commitment to connected-home innovation is evident in their efforts to enhance everyday living. “Smart Home Savings is designed to help households realize the benefits of personalized smart insurance,” stated Hyesoon Yang, Executive Vice President at Samsung Electronics.
With this program now publicly available for U.S. insurance companies to join, consumers are encouraged to take action. This is not just about insurance; it’s a step toward a smarter, safer future.
WHAT’S NEXT: Homeowners are urged to download the SmartThings app and connect their devices to start benefiting from this program. Stay tuned for further developments as Samsung and HSB expand their offerings to additional regions, including Europe and beyond.
As this program gains traction, it could redefine how homeowners view insurance, combining technology with affordability and safety. Act now to make your home smarter and potentially reduce your insurance costs!
