A home security system offers protection for your family and property, as well as peace of mind. According to the FBI, in 2019, Property crimes have dropped over 4% marking the 17th consecutive year these crimes have declined, but there were still 2,109.9 offenses per 100,000 inhabitants. It’s still a natural instinct to protect what we love, regardless of the statistics. Today’s home security systems can also act as a hub for home automation systems adding convenience and energy savings, which makes their cost more attractive.
The top five benefits of a home security system
1. Protection of property and life
Most importantly, a home security system provides protection for your property and those inside from burglary, home intrusion, fire, and other environmental disasters such as burst pipes. Professional monitoring services do this whether you’re aware of the problem or not, and they can also help in a medical emergency.
While a security system is a significant expense, the cost of a burglary averages $2,661 per victim, not to mention the psychological impact it can have.
2. Deterrent to burglars
Obvious signs of an alarm system, such as stickers, yard signs, and outdoor cameras for video surveillance have been proven to deter a burglar, whose crime is often one of opportunism.
According to the Insurance Information Institute “if it takes a thief more than four or five minutes to break into a home, he or she will go elsewhere.”
3. Peace of Mind
With a home security system installed, you can achieve some peace of mind knowing that your home is protected whether you’re away or sleeping soundly. With modern wireless security systems connected to the internet, you can also check in on your system from anywhere in the world.
4. Convenience and energy savings
Modern home security systems feature home automation capabilities that offer convenience and energy savings, which helps justify the extra cost of a security system. Internet-connected lights and thermostats paired with a security system can adjust themselves to save energy when the system is armed, while smart door locks and connected garage door openers give you a secure way to let friends and family into your home.
5. Reduced home insurance premiums
Many homeowners insurance companies offer a premium discount of 5% to 20% if you have a professionally monitored security system installed. The higher discounts are usually for systems that include environmental monitoring to detect fire, smoke, and water damage, in addition to intrusion monitoring. While this won’t cover the cost of a professional system, it will help make it more affordable in the long run. Additionally, if you have cameras for video surveillance, video footage can help when it comes to filing insurance claims.