Buglers don’t love a secured home. If research is anything to go by, 61 percent of burglar convicts report having avoided such homes. So, what does this mean? It means you seriously need a security system. With a best home security system, you keep burglars away—helping you save hundreds of dollars on insurance.
Here is how it works. Just like in the auto industry—where car owners are given discounts for installing a tracking system—home insurance companies issue discounts to those homes with security systems.
Install and Save More
Most insurers offer discount incentives to individuals with highly secured systems. Remember, taking security measures like installing security systems reduces cases of robbery and break-ins. This means that insurers are likely to receive fewer claims—a reason why secured homes pay less annual insurance premiums.
These companies believe that a displayed system deters thieves. Plus, buglers know the risk of breaking into a secured home. From motion-detectors to external cameras, securing your home plays a huge role in reducing insurance-related fees.
Numbers Don’t Lie
According to the stats, insurance companies offer a discount of something in the range of 18-23 percent off your premiums—provided that your system if functional and has the necessary equipment. Conditions to fulfill include installing an alarm system—comprising of all necessary equipment, working detectors, and deadbolts. Fortunately, technology is making things more affordable—including equipment in the security industry. So, why wait when you can seek assistance in thinkprotection.com and install it in homes.
Use these incentives, secure your home, and pay less in terms of annual insurance premiums.
Types of Security Systems
Monitored Systems
You won’t be issued with a discount—unless your home is equipped with a monitored system. Such a system is designed to alert service providers. This way, relevant legal authorities are easily contacted.
Unmonitored System
Unlike the monitored ones, unmonitored systems send notifications to authorities for proper prompt action. They only notify you—leaving out the third-parties. Consequently, your home is exposed to theft cases—which often leads to more cover claims.
Invest in a Monitored System
Homeowners should seriously invest in systems that notify third-party authorities. This way, you scare away intruders and buglers. Equipment like exterior lights featuring motion-detectors, outdoor cameras, as well as window stickers makes it hard for burglars to break into your property.
Discount Costs
Generally, insurance discounts are reliant on your premiums, where your property is situated, how big your place is, and how liable your property is. Conventionally, annual insurance should rate from around $1,200 upwards. So, with a 20 percent discount, you save as much as $240 per year. On the flip side, those living in high-end areas pay up to $4, 000 annually. This translates to a total saving of up to $600 annually.
Consider Your Explicit Needs
Before purchasing a home security system, assess your explicit needs. Don’t overspend. Consider the location and overall security situation around your home.
Things to Consider
You have worked hard to purchase your home, apartment, furnish your place of residence. Congratulations. It’s now time to protect your sweat. And it starts with a home security system. It then boils down to property insurance. The best part; by installing home security systems, you are likely to save up to 20 percent on your annual insurance premium.
The Bottom-Line
Staying in a location prone to frequent crimes and burglary cases? Don’t worry. You can still live safely. All you need is to invest in a complete home-based security system. This way, you’ll not only live peacefully but also save high on insurance premiums.
