Cyber, Smart Home Liability Insurance Program from Wise Insure
Today’s home builders, contractors, and remodelers face growing cyber exposures—especially when working with smart home systems. Wise Insure offers a specialized Cyber, Smart Home Liability Insurance program designed to fill a critical gap in traditional coverage. This program is tailored for residential construction professionals who install or sell smart home technology, and who may face third-party liability claims after the home is sold or upgraded.
Standard cyber liability policies often exclude claims arising from devices or data that are no longer under the direct control of the contractor or builder. Likewise, general liability policies typically do not cover these exposures. Wise Insure’s program bridges this gap, offering targeted protection for residential contractors at risk for significant tech-related liabilities.
Ideal Accounts and Target Clients
This program is ideal for:
- Home builders constructing up to 40 homes annually
- Residential contractors and remodelers installing smart devices
- General contractors working on smart home upgrades
Note: This program does not include coverage for security systems installers.
If you have clients involved in smart thermostat, lighting, appliance, or entertainment system installations, they may be exposed to post-completion liability risks not covered by their standard GL or cyber policy. This program is a great fit to close that coverage gap.
Coverage Highlights and Advantages
- Protection against third-party liability after installation or sale of smart home systems
- Coverage for first-party cyber expenses such as business owner identity theft and socially engineered fraud
- Program designed to be easily added to any general liability quote or renewal
- Backed by A-Rated carriers to ensure financial stability and claims responsiveness
The all-in cost is competitively priced—starting at under $1,300 for eligible contractors—making it a practical addition for small to mid-sized residential professionals.
Underwriting Notes and Minimum Premiums
Minimum premiums vary by product and risk characteristics. The program is streamlined for quick implementation and can be quoted alongside existing GL placements. Wise Insure works with retail agency partners to simplify the education and sales process, helping agents explain the value of this coverage to their contractor clients.
Territories and Availability
This program is available in the following states:
AL, AZ, CA, CO, GA, ID, IL, IN, IA, MO, NJ, NC, OR, SC, TX, UT, VA, WA, WI
Admitted Status: Some Available Markets
Why Work With Wise Insure
Wise Insure, accessible via CompleteMarkets, is a wholesale broker with programs built for niche contractor exposures. Their Cyber, Smart Home Liability Insurance program is a unique offering that addresses risks that are often overlooked by traditional policies. By partnering with Wise Insure, agents can deliver timely, high-value solutions to residential construction professionals navigating a technology-driven landscape.
Learn more or get started at: https://nwcalliance.com/home/wise-insure/cyber-insurance/
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for residential home builders, contractors, and remodelers working with smart home technologies—especially those building fewer than 40 homes per year.
Does this program cover post-sale smart home device liabilities?
Yes. It provides third-party liability coverage for smart home technologies after the home is sold or upgraded—an exposure often excluded from standard cyber policies.
Can this be added to an existing general liability policy?
Yes. The program is designed to be easily added during a new GL quote or renewal, streamlining placement for agency partners.
Are security system installers eligible for this program?
No. This program specifically excludes accounts where the primary operation is security systems installation.
Which states is this program available in?
It’s currently available in AL, AZ, CA, CO, GA, ID, IL, IN, IA, MO, NJ, NC, OR, SC, TX, UT, VA, WA, and WI.
Need help placing an account? Connect with a market specialist.