Are Home Security Systems Worth It?

As a homeowner, you take pride in protecting and providing for your family. You lock your doors at night, close your windows, and even have a boisterous dog to ward off intruders. But for some, these precautions are not enough. A home security system with high definition cameras and top-of-the-line technology gives many homeowners extra peace of mind.

On the other side of the aisle, some people ask themselves “are they worth it?” After all, they can be quite expensive and many people rely on more physical means to defend themselves.

Home Security Systems Deter Burglars

Drive down side streets and you see a small, blue hexagon sign with “ADT” written on the front. A well-known brand to both law abiding citizens and law breakers, a simple sign can ward off intruders. Research also shows that 60% of convicted burglars would choose to burglarize a different home based on the presence of a home security system.

Opt to go after your most valuable items; a burglary can cost you thousands of dollars. Your homeowner’s policy should cover your personal possessions, but the quality of replacement varies depending on whether you chose actual cash value (ACV) or replacement cost value (RCV) under personal property.

Home Security Systems Prevent Fire and Water Damage

Nowadays, security systems don’t just prevent burglaries, but also have sensors that detect smoke and water. Avoid submitting a claim completely. A flood detector is a must-have for homes without flood insurance.

Home Security Systems Increase Home Values

Home values have been steadily increasing over the past year. You can always add value with a bit of construction, but that’s not the only way to increase the price tag. Home security systems build equity. Think of it as an investment in your financial future.

Home Security Systems Impact Insurance

Most homeowner’s insurance policies offer you discounts if you own a security system. The discount varies depending on the carrier. To receive the discount, you’ll need to supply a recent service bill, a certificate of installation, or both as proof to the carrier.

If you plan on getting a residential security system installed soon, ask one of our licensed agents how much you can save on your homeowner’s insurance.

Kathy Francioso has been our self-proclaimed home insurance guru since 1982. Today, she acts as our Personal Lines Manager at H&K Insurance. Give her a call at 617-612-6513 to speak with her directly about your insurance needs.