Will Installing a Home Security System Lower Your Home Owner’s Insurance?

How safe is your home? According to the FBI, a home is burglarized every 19 seconds in the United States. Installing a security system not only adds a layer of safety to your family and belongings, it can also lower your home owner’s insurance by as much as 30 percent.

 

Why It Works

Insurance companies want to see that people are making a strong effort to protect their own homes and belongings because it means the company itself is less likely to have to pay out money after an emergency. Even something as simple as keeping smoke and carbon monoxide detectors in your home can save you a few bucks on your insurance. Homes without security cameras are four times more likely to be burglarized, which is why companies are so quick to reward homeowners who do install them.

 

Other Benefits

Of course, installing a security system has more benefits than simply saving some money on your insurance plan. Regardless of which type you purchase, you will always have extra “eyes” on your home, even when you aren’t there. Even basic systems record video so you can review them when you get home to look for suspicious activity such as people who park in front of your home for too long. Technological advances have made most systems even more complex, allowing them to use your smartphone to alert you when there is a problem. They’ll even alert authorities.

 

Choosing Your System

Determine the crime rate in your area. If you live in a rural area or a low crime area, you can probably get away with a basic camera at each door. However, if crime is on the rise in your area, consider alarmed systems that affix to both doors and windows. If you don’t intend to live in your home for many years, choose a wireless system that you can move with you.

 

Home security isn’t just about saving money on your home owner’s insurance. It’s about protecting your property and your family. Find the perfect system now to save yourself headaches in the future.