Is a Home Security System Worth the Money?
In a short answer: yes. A home security system is worth the money. To go further into detail, purchasing a home security system will give you peace of mind, especially when you are away from your home. A home security system can also protect your belongings and family from potential intruders. In this article, we’ll go over a few reasons why homeowners should consider purchasing a home security system. Keep reading to learn more!
A likely reason why you’re hesitant to get a home security system is because of the cost. When evaluating the initial cost, the average cost of a home security system usually ranges from $100 to upwards of $1000 or more depending on the type of installation, equipment, and security system you want.
However, keep in mind that these are one-time costs and not recurring expenses. The good news is that you may own the equipment in most cases. It is also important to mention that there are monthly fees you may be charged once your home security system is installed and functional. Some systems, such as Nest, have very high costs for equipment but don’t require a contract. Learn more about this plan by reading about Nest Home Security reviews.
Different packages are available depending on the levels of monitoring, features, and services you choose to allow you to have control over your monthly fees. If you are really on a tight budget, you can opt for the basic plan from trustworthy brands for as little as $30 per month.
Advanced packages are also available depending on your budget and needs. They include features like regular security patrols and live monitoring that can include additional monthly fees.
Before getting your security system, ensure its effectiveness in terms of keeping criminals at bay. A quality home security system can prevent burglars from breaking into your house. The presence of a security sign can keep criminals at bay because it indicates your house is protected by a security system.
Even when a thief still manages to break into your house, the security system will be activated immediately. The sensors that are attached to your system will sound and scare the criminals. In turn, this will prevent them from moving into your home and stealing.
Moreover, you and the service in charge of monitoring your home security system will be notified immediately about the break-in. You will also be informed about the type of break-in that occurred. After you have been alerted, the incident will be responded to right away to minimize the chances of your belongings stolen.
Discounted Home Insurance Premiums
Generally, if your home security system has more features, you might receive a higher discount on your homeowner’s insurance. Most homeowner’s insurance companies give premium discounts if you have a security system installed. However, you should first check with your insurance provider to see the available discounts. Some
For instance, higher discounts are for systems that monitor intrusion and those that can detect water damage, smoke, or fire. It’s also important to note that some home insurance policies will only compensate you if your home is located in a place with high cases of theft or when your house has been broken into.
Energy Savings and Convenience
Most modern security systems are equipped with home automation functionalities that provide energy savings and convenience. For example, connected garage door openers and smart door locks offer a secure way to allow your friends into your house.
Additionally, thermostats and internet-connected lights attached to the security system can adjust themselves and save energy while you are away and your system is armed.
Protection Against Fire
Apart from monitoring your home and keeping thieves at bay, modern home security systems can also protect you against fire as they are designed to detect smoke. That is why you should install a security system in your home because the number of deaths as a result of a fire in homes that don’t have this system is twice than in homes with one.
Moreover, if your system has water sensors, it will help prevent property damage due to flooding. It will sound the alarm in case of potential water damage and help you reduce losses.
Security systems are a great investment because apart from keeping you linked to your house no matter your location, they can also deter intruders. You will also know if someone tries to access forbidden areas like gun cabinets, or when doors are closed and opened in your home. Other benefits include discounts on homeowners’ insurance.