State Farm® Partners With Adt To Innovate Home Insurance, Investing In Smart Home Technology And Helping Customers Prevent And Detect Losses

Today, State Farm announced a $1.2 billion equity investment in ADT Inc. resulting in State Farm owning approximately 15% of ADT after the equity investment and related transactions close. This partnership launches State Farm into a new category, allowing the company to reimagine the homeownership experience and innovate new ways to apply Smart Home technology to home insurance, with customer benefits that may include lowered costs, reduced claims, and smart home security devices that help to proactively mitigate loss caused by water, fire, or intrusion.