How a Home Security System Helps You Save Money

Home security systems save you money

It’s no secret, installing a home security system is one of the best investments you can make for your home. Not only does a home security system give you peace of mind when it comes to the safety of those in your home, but it is also a great way to protect your home from serious damage that can cost you money. At S&S Investigations & Security Inc., we wanted to take a moment to educate you on how your newly installed home security system will, over time, pay for itself and leave you feeling more secure about your home than ever before.

A home is broken into every 13 seconds

According to the Federal Bureau of Investigation, 2 million burglaries are reported in the United States every year. The average cost of a home break-in is around $2,000, however, depending on certain circumstances, this number can rise dramatically. Compare this cost to the average cost of installing a home security system, and you can see how preventing this situation before it happens can save you a lot of money. Homes with a security system installed are 300 percent less likely to be broken into compared to those homes that have no security system installed another factor to consider when deciding on a home security system is the prevention of home damage caused by natural disasters. Every 85 seconds, a house fire breaks out in the United States, and insurance companies estimate that the average cost of a house fire claim is around $30,000. Most home security systems include an option to install smoke detectors, which can help to identify a fire earlier and help prevent costly damage to your home. Another safety feature offered in many home security systems is a flood detection system. U.S. homeowners can expect to spend around $7,000 on water damage and damage caused by frozen pipes. With a preventative detection measure in place, the risk of water damage is reduced significantly.

Home security systems reduce insurance premiums

One of the biggest perks of installing a home security system is the savings you will experience on your home’s insurance plan. Most providers offer discounts to homeowners who have invested in home security and other safety precautions. As a homeowner you could save up to 5 percent for having functioning smoke detectors installed, 10 percent for a fire alarm system that is monitored by your home security system, and up to 20 percent if you go 10 years without filing a claim with your insurance provider. As you can see, a home security system can save you some serious cash over time. Here at S&S Investigations & Security Inc., we want to help you protect your home and those in it. Our professional staff have years of experience in the installation of home security systems and will make sure your system fits your security needs. Contact us today and see how a home security system can benefit you, your loved ones, and your wallet.

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