Kingstone to offer free Ting electrical fire sensors to New York policyholders

Product / Tech
โดย GlobeNewswire·Read original
Summary · why it matters

Kingstone Companies announced a new loss-prevention initiative that will provide Ting smart sensors and three years of electrical fire prevention service at no cost to eligible New York homeowners insurance policyholders. The program, launching in July 2026, is enabled through a partnership with vipHomeLink and uses Ting sensors from Whisker Labs to detect hidden electrical fire hazards. Kingstone President and CEO Meryl Golden said the best claim is the one that never happens, and the initiative aims to reduce the frequency and severity of avoidable losses. According to the National Fire Protection Association, an electrical fire occurs in a U.S. home approximately every 10 minutes, and Whisker Labs reports that Ting helps prevent about four out of five electrical fires.

Impact on stocks 1

Financials · 1 stocks
Kingstone Companies Inc
KINS
▲ PositiveTechnologyrelevance

Kingstone is offering free Ting sensors to policyholders, a new loss-prevention initiative that could reduce claims.

Off-coverage companies 2

vipHomeLinkPrivate▲ Positive
Demandrelevance

vipHomeLink is partnering with Kingstone to provide the service, potentially increasing adoption of its platform.

Whisker LabsPrivate▲ Positive
Demandrelevance

Whisker Labs supplies the Ting sensors used in the program, expanding its market reach.