Save on Home Insurance Premiums with a Security System | Family Union Insurance

Home Insurance and Security Systems

Home insurance is an important aspect of homeownership, not only because it provides financial protection in the event of loss or damage to one's property, but also because having a policy in place is often required by mortgage lenders.

Save on Home Insurance Premiums

Many homeowners may be unaware that there are ways to save on their home insurance premiums by taking proactive measures to protect their property. One such measure is installing a security system, which can potentially provide discounts on home insurance policies.

Discounts for Security Systems

Insurance companies may offer discounts to policyholders who have specific safety devices installed in their homes, including security systems. These systems come in all shapes and sizes and can include video surveillance cameras, door and window sensors, and motion detectors. The goal is not only to deter potential burglars but also to alert homeowners of an intrusion. By offering discounts for these types of systems, insurers are incentivizing homeowners to take proactive measures to protect their properties, which can ultimately save them money.

Additional Safety Devices

In addition to security systems, insurance discounts may also be available for safety and anti-theft devices such as smoke detectors, fire alarms, and sprinkler systems. Homeowners who have these devices installed and monitored may also be eligible for insurance savings. It's worth noting that these discounts will vary by insurer, and it's important to speak with your insurance agent to understand the specific discounts available to you.

The Value of a Security System

While the financial benefits of a security system discount can be enticing, the true value of having a security system lies in the potential loss it could prevent. Burglaries and other property crimes can be devastating financially and emotionally, and the average loss from a single burglary is over $2,000. By investing in a security system, homeowners can have peace of mind knowing that they've taken proactive measures to protect their homes and potentially avoid the trauma and loss associated with a break-in.

Additional Benefits of Security Systems

Beyond protecting against property crime, security systems can also offer additional benefits such as fire and smoke protection. Monitored smoke detectors and fire alarms can help alert homeowners and emergency services to potential fires, allowing for faster response times and hopefully preventing further damage. Some security systems can also include water sensors that detect leaks or warn of malfunctioning HVAC systems, providing an added layer of protection against water damage.

Take Steps to Protect Your Property

It's important for homeowners to take steps to protect their properties, not only to potentially save money on insurance premiums but also to safeguard against potential losses. Investing in a security system or other safety devices is one way to do this and can provide peace of mind knowing that proactive measures have been taken to protect one's home. Speaking with an insurance agent is a great way to understand what discounts may be available for specific devices and to ensure that your home insurance policy is providing adequate coverage.

Contact Us for More Information

If you’re a current client or interested in saving some money on your home insurance policy, reach out to us for a security system referral or to see what discounts are available to you!