Introduction – The Rise of IoT in Insurance Understanding IoT Insurance means looking at how smart devices are changing the way we buy and use insurance. The Internet of Things (IoT) connects everyday items like watches, cars, and home systems to the internet. These devices send data that insurers use to offer personalized insurance products and rewards for healthy habits or safe driving. With tools like wearable technology in insurance and smart home sensors , people now enjoy better pricing, faster service, and more control. Insurers also use real-time data in insurance to prevent losses before they happen. This new model is growing fast in the USA and shaping the future of protection and risk. How IoT is Reshaping the Insurance Industry In the past, insurance was slow and hard to customize. Now, with connected devices insurance , everything is more accurate and fast. Devices like wearable fitness devices , smart home sensors , and car trackers help insurers under...
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