Various Types of Smart Locks have become a popular device in the present day. These devices allow people to unlock the door using biometric devices or a card or a PIN. These devices are in consideration as a modern advanced method of providing more security. The use of Smart locks prevents the use of keys as they contain the unique identification information of the authorized person in a chip or card. If any unauthorized person tries to get access, it prompts immediately and asks for a valid code or pin. There are many types of smart locks available in the market, the most popular being the biometric locks.
- The keypad locks require a particular pin to open.
- Proximity locks allow entering when a wifi fob comes within the specified range
- Wifi or Bluetooth locks help to lock and unlock using only a mobile app
Do These Different Types of Smart Locks Impact Homeowner’s Insurance Costs?
Although the smart locks are the latest technologically-driven security modes, they are, however, unable to provide full-fledged high security to a homeowner. If the homeowner’s house insurance policy is there, it will be that there is no mention of protection from the smart locks. So it is evident from this that the intelligent locks do not impact much on the insurance costs of the homeowner. From the viewpoint of a homeowner, these locks do not provide substantial security. There are only some rare insurance companies that refer to biometric or smart locks in their policies. Most burglars try to break-in using the backdoors or windows.
In that case, Smart locks are suitable and convenient devices, and you can choose multiple persons like a friend, etc. to open doors. Some insurers do not offer any discounts for any kind locks, but they have some individual preferences for smart locks. You can take advantage of such a situation and can lower your premium rates if you have smart devices or some other security to safeguard your house. But it can be well-predicted that with the increased demand and advent of new technologies, a time will soon come when the insurance companies will offer discounts for biometric locks.
The security of smart locks depends on the device’s hardware and software. If the software of the invention is not well-coded, then the security will get hampered, and the smart lock will not be anything better than a little traditional lock. On the other hand, if you need discounts and offers from insurance companies, some other smart devices are also there. Some of them can be security cameras, intelligent thermostats, and centralized alarm systems, etc.
Security of Biometric Devices:
Besides all these disadvantages regarding insurance costs, present-day protection lies safe with biometric devices. They are by far the most secure device at present as it requires the physical presence of the authorized person. Hence it provides tight security for all the essential confidential data in companies and the houses of some people.