Amazon rumored to begin offering home insurance

Amazon could use AI to offer cheaper premiums.

A new report reveals Amazon could soon be offering its customers home insurance by using its robots and other home devices.

Amazon could begin to use its artificial intelligence and smart home devices to monitor for threats such as fires and burglaries, therefore allowing the company to offer cheaper premiums, according to an article by Priya Anand for The Information.

While it appears Amazon may be looking into the possibility, it has yet to make any solid plans, and has not rolled out any products, according to the article.

The company is also rumored to be developing robots that can perform tasks such as detecting smoke, carbon monoxide, excess heat or loud noises.

These robots, codenamed Vesta, according to a Bloomberg report, could be in employees’ homes by the end of 2018, and offered to consumers as early as 2019.

Story by
Kelsey Ramirez
https://www.housingwire.com/articles/43613-amazon-rumored-to-begin-offering-home-insurance

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