Does Home Insurance Offer Discounts for Having a Security System?



As a homeowner, you must strive to safeguard your home and belongings. You might have considered installing a security system in order to discourage burglars but you may not have known that it could yield savings on your insurance costs.


Does Home Insurance Offer Discounts for Having a Security System?

There are many insurance companies that offer discounts as high as 20% on homes that have security measures, so it’s highly recommended if trying to find ways to reduce the cost of your insurance.

However, the amount of discount you’ll get will depend on the insurance company and the security system you’ve put in place. For example, a wired security system with window and door sensors is likely to get more discounts than a simple system that has just a handful of entries. Like any discount offered by insurance, you’ll have to ensure that you keep your security system in good working order and operational to keep the savings.

If you’re considering installing security systems, or are considering changing your existing security system is a good idea to check with your insurance provider to determine if you might get a discount. It’s a simple method to cut down on the cost of your insurance and will give you security knowing that the property you reside in is protected.

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Home insurance discounts through security systems – How can security systems cut down the cost of insurance?

One method by which homeowners insurance companies give discounts is by having security systems. Security systems can make homes less appealing to burglars and help to reduce the likelihood of a burglary. In certain cases, security systems are also able to notify authorities of a burglary, which can result in a faster response time, and possibly lower the amount of damage.


How much money will you save on your home insurance through a security alarm system?

If you’re seeking a way to reduce your home’s insurance, putting in security systems could be a viable alternative. A lot of insurance companies offer discounts to houses with security systems and it’s worth a look with your insurance provider to determine whether they can offer discounts.

The amount you’ll save on premiums will differ based on the insurance company, however, typically, it’s a percentage of the cost of your insurance. For instance, you could get a reduction of 5% or 10% off your insurance premium if you’ve got an alarm system. These savings could add up in time, so it’s worth taking into consideration when you’re trying to figure out ways to cut down on homeowner’s insurance.

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Different security measures to reduce the cost of your insurance

Although home insurance doesn’t typically provide discounts for security systems, however, there are several ways to protect yourself to lower the cost of insurance. Here are some tips:

Install an alarm system An alarm for burglars is among the most effective methods to stop burglaries. It will not only alert both you and the people around you in the event that anyone attempts to break into your house, but many insurance companies will provide an insurance discount if you’ve got an alarm system in place.

Create a safer home The insurance companies usually offer discounts on homes that are considered to be more secure. A way to make your home more secure is to add deadbolts to the exterior of your doors as well as installing window bars and grills, as well as installing outdoor lighting.

Secure your valuables One of the most effective methods to safeguard the value of your possessions is by keeping them from sight. If you own expensive jewelry or electronic devices, think about placing your valuables in a safe place or kept away from view.

Increase your deductible If you’re willing to pay more out of pocket in the event of a claim you’re likely to reduce the cost of insurance.

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Security methods that a system can reduce the cost of home insurance

A security system for your home isn’t just a great option for the safety of your home and family but it could be a great way to save money on the cost of your home insurance. There are several ways that security systems can reduce the cost of home insurance.

1. Alarm systems can make your home less appealing to burglars which can result in discounts on your insurance policy for your home.

2. When your security system has been connected to a monitoring company and this is the case, it can result in a reduction on your insurance because it proves how your property is constantly monitored.

3. Certain insurance companies for homes provide discounts to homes with specific security systems, like ones with carbon monoxide or smoke detectors.

4. A security system may assist you in obtaining other discounts offered by the home insurance provider, for example, the multi-policy discount, if you have insurance for your home and vehicle through the same company.

5. If you do have a security system that is installed by a professional firm make sure you save all receipts and paperwork and receipts, as certain insurance companies offer discounts in exchange for a professional installation security system.

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Discount for home insurance on security system units Endnote

The majority of home insurance companies offer discounts for installing an alarm system. Typically, it’s 5 to 20% off the cost of your insurance. However, the security system has to be monitored and installed professionally. If you choose to stop monitoring service and your insurance provider for your home might cancel your insurance plan or charge you a greater price. These kinds of security systems can be utilized in many ways, from safeguarding the windows and doors of your home to monitoring your home’s possessions.



Many homeowners aren’t aware that their homeowner’s insurance might provide discounts for having an alarm system. While the amount of discount is dependent on the insurance company, however, the typical savings is about 10 percent.

There are a few points to be aware of in the process of installing a security device to ensure that you are eligible for the discount. The first thing to remember is that the majority of insurance companies require that the system is professionally installed. The second requirement is to be able to prove the installation, for example, an invoice or certificate. Also, be sure to inform your insurance company that you’ve got an alarm system in order that they are able to apply the reduction to the insurance.

Installing an alarm system is a great method to secure your home from burglars and also reduce the insurance costs for your home. Check with your insurance company to find out whether you are eligible for discounts.

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