How Can Home Security Save You Money?

home insurance form for home security system discount

A home security system sounds like something you don’t need until you need it. But upgrading your home’s security system can do a lot more than just protect your home in the event of an emergency. Here are two additional ways it can help even if you never use the alarms.

1. Installing smart devices sets up the infrastructure for future buyers.

Smart homes need a bit of infrastructure to get started. Everything from pressure sensors to smart sockets adds additional layers of protection. While you might be updating your home in order to keep your own family and property safe, it doesn’t mean it won’t benefit the next person to own your home. When you eventually put your house on the market, make sure to add all of the security and smart updates to the property description. It adds extra value and sellability that similar properties in your neighborhood might not have.

2. Save money on your insurance premiums.

Even if they don’t always advertise them, insurance agencies offer discounts for factors that decrease the risk you represent. The most well-known examples are related to car insurance: a safe driving record, a car with good safety features, and your annual mileage all impact your monthly premium. House insurance often works the same way. If you can prove to your provider that your home is low risk in relation to security, you can get savings. Tell your insurance company about your new security features and any fire safety upgrades you’ve made in your house or ask for which discounts various systems will warrant before you finalize the installation.

Security systems don’t just save you money when they stop something from going wrong. They also add value to your home and make your property a lower insurance risk. Contact us to find the right security system options for your home.