Which Home Security Systems Help Reduce Your Insurance Rates?

A home security system is a major investment. In addition to paying for installation of security devices and cameras, you often have a monthly fee for monitoring your system. While the thought of added protection is nice, many homeowners balk at the final price tag of a home security system.

Fortunately, there are some cost saving techniques available for home security. Many homeowners insurance companies offer discounts for customers that utilize home security technology. Keep reading to learn more about which home security systems help reduce your insurance rates.

Why are home security systems important?

According to the FBI, burglaries account for more than $3 billion in lost property in a single year. While the number of residential burglary offenses seems to be decreasing each year, there are still more than 1.2 million burglaries each year. A home break-in occurs every 14.6 seconds on average, and homes that do not have security systems are three times more likely to be the target of a burglary than homes with an alarm system.

Thankfully, insurance companies understand the value of a home security system. When you shop homeowners insurance options, you should consider whether or not a discount is available for homes with a security system. These savings can help you offset the cost of installing and maintaining a security system over time.

How can a security system reduce your quotes for homeowners insurance?

If you are in the market for homeowners insurance or looking to buy homeowners insurance online, you might want to consider installing a home security system. You can benefit by protecting your home and lowering the overall cost of your homeowners insurance. There are several ways a home security system can cut costs for your insurance.

Improve your home security

Obviously, home security systems are designed to make your home safer. These systems can deter break-ins and decrease the number of incidents that can lead to damages. A home security system shows an insurance company that your home is less of a risk because you take the necessary steps to protect your property and belongings. These safety measures may help you qualify for discounts.

Lower your homeowners insurance premiums

When shopping for quotes for homeowners insurance, people often judge affordability by the premiums offered by each company. Homeowners with a home security system can enjoy up to 20% off their premiums depending on which insurance company they choose. You may also be able to enjoy a discount on your home security system by purchasing a system that your insurance company partners with.

Prevent spikes in cost

In some cases, an insurance company can raise your rates if you are the victim of a burglary. It is important to read the fine print of your homeowners insurance policy to determine when and how your insurer can raise your rates. However, installing a home security system can help prevent break-ins, and in turn, keep your rates from going up.

Improve the overall safety of your home

Many home security systems offer a variety of other benefits and features. A comprehensive system can include smoke alarms, secure deadbolts, and other aspects that improve the overall safety of your home. These safety features can make great strides towards lowering your insurance premiums and protecting your home. Preventing disasters and damages to your property can lower your insurance claims and keep your premiums low.

Which features should you look for in a home security system?

The type of security system that will lower your insurance rates will depend on your specific insurance company. Other factors may be involved, like the area you live in and the value of your home. However, there are some key features to look for when searching for a home security system.

Professional monitoring

Some insurance companies require that you home security system be professionally monitored in order to qualify for insurance discounts. While monitored systems typically carry a monthly fee, the savings on your insurance rates may outweigh the added cost of monitoring services. Many security companies, like ADT and Vivint, offer monitored services to keep your home safe.

Leak detection

In some cases, an insurance company may require leak detection as part of your home security system. A leak detection system can monitor your home for water or gas leaks, which will save you a considerable amount of money in addition to savings on insurance premiums. When the sensors detect a leak, they can automatically cut off your water or gas to avoid a major disaster.

Smoke alarms

While all homes should have smoke alarms, some insurance companies require monitored alarms in order to qualify for a discount. Monitored fire or smoke alarms can send alerts to your phone if a fire or smoke is detected. They can also be programmed to alert local authorities to send help quickly. This type of system monitoring can help stop problems before they become catastrophic or expensive.

Security cameras

For some home security systems, security cameras are standard. You may be able to save more on your homeowners insurance if you install security cameras that monitor your home 24/7. These cameras can help deter criminals and provide video footage as evidence in the case of a burglary or some other type of damage.


When you shop homeowners insurance options, there are many factors to consider, including whether or not discounts are available for home security systems. Homeowners may be able to enjoy lower quotes for homeowners insurance if they protect their home with a comprehensive security system that monitors their home. The improved safety features tell insurance companies that you are less of a risk, and they are more likely to lower your rates as a result.

Our agents can help secure you discounts on your policy. Give us a call at 1-800-216-4171 to see if we can find you a lower rate.