Does having a Home Alarm Lower Home Insurance Premiums?

Answer:
Yes, a home alarm or security system will lower

your home insurance premium. The reason that having a home security system lowers your insurance premiums is because your home is better secured against theft than a home without one.

This lowers the insurance company’s risk. If your home is less likely to be burglarized, the insurance company is less likely to have to pay a claim.

As a result, they reward you with a lower insurance premium. In addition to securing your home against theft, insurance companies also discount premiums for fire alarms and smoke detectors.

For example, many home security systems come with dialers that automatically call the monitoring station or police station. These same systems often have a fire alarm built-in and a dialer that calls your local fire station. Because the fire station is immediately called by the system, your home should receive a faster response which translates into less overall damage. Less damage means the insurance will have lower bills to pay.

They will reward you for your efforts to prevent and minimize damage through lower premiums.


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