While smart sensors that monitor for water leaks have the most potential to reduce homeowners' risks, just 7% of survey respondents are using such technology. (Credit: Nmedia/Adobe Stock) While smart sensors that monitor for water leaks have the most potential to reduce homeowners' risks, just 7% of survey respondents are using such technology. (Credit: Nmedia/Adobe Stock)

Although homeowners have embraced smart home technology, with 66% owning at least one of these devices, many don't realize that these tools can also lower insurance premiums, according to a survey by Nationwide.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]