Many people bypass the protection of a home security system due to the added monthly expense. Traditional security monitoring requires a fixed contract that can span across several years. The financial commitment is a difficult adjustment for many families. If committing to a monitoring contract isn’t an option for you, that doesn’t mean that home security is out of your grasp. Several new security systems are providing options for consumers that don’t include a contract. Keep reading to find out more about the new breed of home security.
Home Security Protection
The benefits of installing a home security system cannot be overstated. You can provide your family with peace of mind by knowing that your home is protected from disaster. Home security systems can protect against a variety of dangerous situations. These include burglary, fire, flood, carbon monoxide poisoning and more. Alarms have conveniences that don’t involve home safety. The newest systems will send text alerts according to your privacy preferences. For example, if you want to keep people out of a file drawer or medicine cabinet, you can set the sensor to alert you to an unwelcome intrusion. Another added benefit is that homes with security systems are less likely to be targeted. Most home invasions are considered crimes of opportunity. Thieves will usually target an unprotected home.
While there are costs to purchasing and maintaining any security system, you can offset these with discounts. Homeowners insurance is typically a mandatory part of owning a home. Most mortgages require you to purchase this type of coverage. If you let your policy lapse, you can risk being found in default of the terms of your mortgage. The cost of this type of insurance varies widely. The biggest factors that influence rates include the location, type of house, risk factors and payment plan chosen. It is important to compare differences in rates and coverage when shopping for insurance in Salt Lake City. One major thing that can reduce the risk factor portion of the assessment is the installation of a security system. It is important to choose a monitored system because this will usually provide you with the biggest discount. You can qualify for a reduction of between 10 and 20 percent on your insurance by installing home security measures.
Wireless home security systems are available to consumers at a reduced price compared to traditional wired systems. Most wired systems require expert installation. That usually means that if you move you will not be able to take the system with you. They also usually rely on a landline which is another expense. Many households today have cut their landlines and rely on cell phones exclusively. Monthly monitoring fees are usually higher with wired systems. Fees vary from company to company, but can be at least twice as high as wireless systems. Traditional wired systems also require a long-term financial commitment. This can be difficult for some homeowners on a tight budget. You can save on insurance and protect your home for less with wireless security.