Home event detection and processing

A method, comprising:

• receiving, by a home event detection and processing system having a processor and a non-transient memory unit storing computer-executable instructions, via a wireless telecommunication network and in real-time, first information including signals from at least one sensing device monitoring one or more aspects of a home device of a user;
• analyzing, by the home event detection and processing system, the received signals to determine that a home event has occurred;
• activating, by the home event detection and processing system, in response to an indication received from the at least one sensing device, at least one video monitoring device configured to capture and transmit video data related to the home device, the at least one video monitoring device being in communication with the at least one sensing device;
• responsive to activating the at least one video monitoring device, continuously transmitting, via the at least one video monitoring device, video data of the home device;
• receiving, by the home event detection and processing system from the at least one video monitoring device, the video data of the home device;
• based on the analyzed received signals and responsive to determining that the home event has occurred, receiving, by the home event detection and processing system, second information different from the first information, the second information being associated with an insurance policy covering the home device;
• based on the second information, determining, by the home event detection and processing system, an insurable event deductible and determining whether default user instructions identified and selected by a user to designate processes to be performed are available;
• responsive to determining that the default user instructions are available, determining, by the home event detection and processing system, whether the default user instructions include an identified and selected instruction to automatically initiate an insurance claim;
• responsive to determining that the default user instructions include the identified and selected instruction to automatically initiate an insurance claim, automatically initiating, by the home event detection and processing system, an insurance claim to cover a cost of repair of damage caused by the home event;
• based at least in part on the video data, determining, by the home event detection and processing system, the cost of repair of damage caused by the home event;
• in response to determining that the insurable event deductible is greater than the cost of repair of damage, cancelling, by the home event detection and processing system, automatic processing of the insurance claim, and transmitting a notification to a computing device of the user indicating that the insurable event deductible is greater than the cost of repair of damage.