Home security systems can help to lower home insurance quotes. They can also give peace of mind — and there are many choices using new tech. The kind of security system and monitoring matters, however. Some systems don’t offer enough protection to impact home insurance rates. With home insurance premiums averaging $1,200 and over in several regions, investigating a home security system may offer a reduction in premiums along with a safer, more secure home.

Will an Alarm System Help Lower My Homeowners Insurance Rates?

As a homeowner, you probably had to initially get your homeowner’s insurance policy as a requirement when you got your mortgage. The cost of homeowner’s insurance often depends on what it would cost to replace the house and which additional endorsements or riders are attached to the policy. Many people who do have homeowner’s insurance seem to be more hesitant about securing their homes with a home alarm system. This is because one of the most common objections to installing a security system is that the need for a system is entirely negated by their insurance.

While home insurance is a valuable asset, it does not entirely negate the need for a home security system. In fact, there are a lot of financial and safety benefits to having both! Policies differ widely, just as insurance companies do. One thing is for sure. It is possible to save money on your home insurance coverage with a security system.

Monitored Systems = Lower Rates

Did you know that having a monitored home security system can lower your homeowner’s insurance rates? Many insurance companies offer discounts for individuals who have taken measures to increase the safety and security of their residence. According to a recent study by Rutgers University School of Criminal Justice, the availability of monitored burglar alarms to middle-class homeowners has helped reduce crime significantly. And in a survey by the Electronic Security Association, ten of the biggest homeowner insurance companies revealed discounts of up to twenty percent for properties with monitored home security systems.


The reasoning behind the homeowner insurance companies’ discounts is clear: modern home security systems are more reliable than ever. As most security companies nowadays offer not only burglar alarms, but also fire, smoke, and flood alarms, homeowner insurance companies recognize how much protection their investments get.  Read more

Homeowners insurance is often necessary. If you own a home, having proper insurance helps to protect you against all of the risks that can occur, such as fire, theft, or flooding, in some cases. Policies differ widely, just as insurance companies do. All of this helps you. It also helps to reduce the risk that your home will be burglarized and that reduces the risk of filing a claim. Insurance providers often give discounts to individuals who have lower risk factors than those with higher ones.

Home Security & Home Insurance Discounts

Are you looking for ways to save on your home insurance? The key to getting the best deal on home insurance is to protect your home. Preventing claims is one of the biggest goals of insurance companies. Many insurance companies offer discounts to homeowners who proactively take steps to make their home safer.

Does Home Security Lower Home Insurance?

You probably know that you can save on your home insurance by installing smoke detectors, having deadbolts and having a multi-policy discount. However, there are lesser-known ways to save on an insurance that you might not know about. One of those ways is to install a home security system.

How Much Can I Save on Home Insurance with a Security System?

The exact discount that you will receive on your home insurance premium varies depending on several factors. However, you can save as much as 25 percent off your home insurance premium by installing a home security system. These features will get you the most savings.

Professional monitoring – Most insurance companies require that the system be professionally-monitored to get a discount. Some alarm companies, such as ADT, will provide you with a Homeowner’s Insurance Certificate that you can present to your insurance company for proof.

Leak detection – Security systems that can also detect water or gas leaks can save you even more. Some of these sensors can send a notification to your smartphone to alert you to a leak before it turns into a flood. Others can automatically shut off the water. According to Bankrate, these sensors can shave as much as 10 percent off your home insurance premiums.

Monitored fire and smoke alarms – Another great way to save on homeowner’s insurance is to install monitored fire and smoke alarms. Many monitored fire detectors can also send a notification to your smartphone when smoke or fire is detected.

Security cameras – Adding security cameras might save you even more on insurance especially if they feature 24/7 video monitoring. Read the full article

There are several things you can do to reduce your home insurance premiums. You can raise your deductible, comparison shop or even move to a new neighborhood. A persistent belief exists that you can also reduce your home insurance premiums by installing home security features, but does that belief hold any truth?

Security Cameras Can Reduce Your Home Insurance: Here’s Why and How

Do security cameras reduce insurance? If yes, why would the insurers be willing to offer home insurance discounts for security cameras? And how much does a security system save on homeowners insurance or business insurance?

#1. Do Security Cameras Reduce Insurance

Indeed, the answer could be YES and NO to whether having security cameras will lower insurance, because that depends on multiple factors such as the security camera type, the insurance companies you choose, etc.

Notice not all security measures lead to lower home insurance rate. The insurance companies will offer home insurance discounts for security cameras partly based on what alarm systems you have installed.

In general, a carefully planned and well-integrated security system is what a home insurer would like to see.

Also, most insurers demand that the security cameras should be connected to a central alarm station that offers 24/7 professional monitoring. In the event of emergencies, operators can dispatch first responders to mitigate your loss.

Those professionally monitored burglar alarm systems and strong deadbolt locks may also make your home qualified for an insurance discount in the eyes of some insurance companies.

For example, according to the State Farm security camera discounts policy, you might get homeowners insurance discounts if you have installed fire, smoke, or burglar alarms or any other home monitoring systems.

Allstate can also offer smart home insurance discounts for security systems when your home has additional protection against fire and theft.

With that being said, the best approach is to check with your insurance providers about whether having CCTV can reduce home insurance and what security systems they prefer to see.

Don’t Miss: Even if your security cameras can’t lower home insurance premiums, there are also other amazing benefits and secret tricks of security cameras you might not know.

In the unfortunate case that your home or business was burglarized, you’ll need to file insurance claims. Generally, insurers will inspect if the damage is inflicted by a cause covered in your insurance policy. If you have security cameras installed, they would provide hard evidence to prove your claim legitimate. Click here for the full article

Impact on Homeowners Insurance Rates

Homeowners who want to find out how much installing a security system will affect their premiums can request a free homeowners insurance quote from their insurance carrier. Having a camera system or central burglar alarm goes a long way in deterring potential break-ins and gives you peace of mind that you and your family will be safe during emergencies, which is priceless. Also, remember to check your batteries on a regular basis, as there is no point investing in an alarm system if the batteries don’t work. Checking batteries can be done every six months when we change our clocks to daylight saving time.