Saving Money with a Security System

by | Jun 16, 2020 | Home Security Archives, Tips and Hacks

Security systems may be an initial investment, but there are several ways that they can actually save you money in the long run. In addition to giving you peace of mind, and creating a more secure environment for you and your household, a security system can deter burglars and more! Let’s check out some ways that a security system can lower your costs, and prevent bigger ones in the future. 

Burglary Prevention

Houses that have home security systems installed are less likely to be targeted by burglars. Properties without such systems are 3x more likely to be robbed. Studies have shown that approximately 60% of burglars admit to avoiding homes with security systems. This prevention of potential break ins can eliminate you having to pay for damages done to your house or replace items stolen. In addition, you will not have to pay the mental price that comes along with being broken into. 

Insurance Discount

In some scenarios, having a security system can lower your insurance costs. Similar to how auto insurance companies provide a discount to car owners that have anti-theft devices in their vehicles, homeowners insurance may offer discounts for having security and surveillance systems installed in your home. 

Because of the lessened chances of your home being broken into, there is less of a risk for insurance companies to take insuring you and your home. Less of a risk is an incentive for insurance companies to offer discounts, as it means less claims are likely to be filed. 

The amount of discount offered depends on what insurance company you go with, as well as what benefits your security system provides, but some homeowners see discounts up to 20% off their premiums. 

Adjustable Budgets

In today’s world, there are many security options for your home. From simple surveillance, to various alarm systems, to all inclusive smart home integrations, a custom solution can be created for whatever your wants and needs are. These numerous options are adjustable for whatever your budget is as well. By finding a system that works for you, providing the benefits that you need, and nothing extra, all for the right price, you not only get peace of mind, you trim the costs surrounding your security. 

Ultimately, there are many benefits to having a home security system. These include peace of mind, increased safety, and money saved in the long run. If you are interested in seeing your home security solution options, contact our team of experts today! 

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