5 ways a home security system can save you money.

5 ways a home security system can save you money.

As a homeowner, you are probably always looking for ways to save money, from tax breaks to special mortgage rates. However, one route you may be overlooking is to install a home security system.


These systems offer several advantages and thanks to the rise of technology, many systems are now more efficient and easier to use than ever – and here are 5 ways a home security system can save you money.


Insurance discounts.


Some insurance companies offer discounts on your monthly home insurance premiums if you install a security system. However, you may want to perform some calculations before buying a system.

One way to approach the advantage of any security alarm discount is to calculate how much it will offset the cost of the system’s monitoring fees. In some cases and depending on what kind of services an average single family is paying for, these discounts can pay for the monthly monitoring charges or installation of the unit.

It is important to note that it may be necessary to switch insurance companies to get a higher discount, which can be a hassle and time consuming as well.

While homeowners insurance quotes can be obtained online, making the switch is usually an inconvenience. However, since the current discount rate continues to hold steady at approximately twenty percent for most companies, this may not be a pressing issue for you.


Avoid damage to outdoor items.


When thieves strike neighborhood homes, they do not always confine themselves to breaking into houses and may strike outdoor buildings and vehicles. Your tool shed, your kids’ bicycles, and your car stereo might all be at risk, and replacing these items can be costly if they are stolen.

However, a home security system can reduce this risk, especially when you choose a system that includes motion sensors.

Placing sensors near outdoor storage areas and in your driveway may deter thieves and let you know if anyone approaches your home after dark.


Using smart home technology.


Many of today’s home security systems allow you to control the locks, lights, and other features in your home remotely, either with a remote supplied to you by the security company or with smartphone apps.

These apps allow you to control your home’s security cameras, turn lights off and on, and some allow you to bundle your security controls with your home’s thermostat as well. When you can turn off devices remotely, you may be able to save some money on operating costs.

If you want to save money with a smart security system, you should shop around and discover which companies offer what features.

For example, Frontpoint offers smartphone apps with many of their security packages, but features vary depending on price. Learn more on Frontpoint to gauge whether it is the best choice for your home security needs.


Lower the need for insurance claims.


While homeowners insurance can protect you from loss, it can also be expensive.

Filing a claim can cause your premiums to rise, and depending on your deductible, you may have to pay quite a bit of money out of pocket before you see any real coverage. This is why taking preventative measures and protecting your home and belongings with a home security system can save you money in the long run.

When you can prevent a break in from occurring and avoid filing a claim, you may be able to save hundreds of dollars per year.


Reduce overall risk.


When you install a home security system that can monitor a variety of situations, from theft to fire to the presence of gas or carbon monoxide, you lower the overall risk of potentially dangerous situations that could damage your home or harm your family members.

Fires can cost thousands of dollars’ in damages and put you or your family members in the hospital.

However, when you monitor your home and can prevent problems before they occur, you can save money and enjoy greater peace of mind as well.


There are many ways a home security system can help you save money as a homeowner.

However, the more you know about what kinds of packages are available, the better you can protect your property and your loved ones.

Published by Christine Blythe

Christine is the owner and author for her three blogs: Empty Nest Ancestry, Feathering the Empty Nest, and Top Web Blog Tips. Periodically, if a post topic is appropriate to either of her other blogs, they will be published as a guest post by CJB.