Home security systems not only safeguard your property and loved ones; they can also help you save on home insurance premiums. Many insurance companies offer discounts to homeowners who install these systems, acknowledging the decreased risk of theft and damage.
How Much Can You Save? 
The savings on your home insurance can differ based on the insurer and the security system you choose to install. Comprehensive systems with features like 24/7 professional monitoring may qualify you for more discounts.
Basic security measures such as deadbolts and standalone burglar alarms can provide modest savings. However, more advanced systems that include smart home devices, fire detection and water leak sensors tend to offer higher discounts. For example, a monitored security system that alerts a central station or the police can significantly reduce the likelihood of a break-in, thereby lowering the risk for the insurer.
Why Do Insurers Offer Discounts?
Insurance companies offer these discounts because security systems help mitigate risks. Homes with security systems are typically less likely to be targeted by burglars, and the presence of fire and water leak detectors can prevent or minimize damage. This means fewer claims for the insurance company to process, resulting in cost savings passed on to the homeowner.
Learn More
Contact Simple Lane Insurance Agency to understand the specific discounts available and how to qualify for them.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.