Insurance Companies are Pushing for Alarm Systems

   25% OFF ANY SECURITY PACKAGE WHEN YOU SIGN UP FOR 24/7 SECURITY MONITORING

25% OFF ANY SECURITY PACKAGE WHEN YOU SIGN UP FOR 24/7 SECURITY MONITORING

Save money with better security.

Burglaries, Fire, Water Damage, Carbon Monoxide: All Protected by One Alarm System

images.jpeg

Sources at the bottom of the page. 

I'm going to start off with a very well known fact: Insurance companies do not want you to file any claims. If you own a car, a home, or just live and breath, you probably know this. If something happens, an accident or stolen property, it is typical for the victim to pay out of pocket just to avoid the hassle of dealing with insurance agents.

In 2016, the FBI estimates that 70% of all burglaries that occurred that year were on residential properties, at an average cost of $2,300 per offense.

Now for a less known fact: Homeowner insurance companies actually give monetary incentives for clients that have a security system professionally monitored by a 24/7 emergency call center. They know that the installation of a security system will deter burglaries and property damage, leading to less claims filed by their subscribers. That seems like a pretty good deal. With the right security system, you not only add another layer of protection to your home and family, but actually save money with your insurance company by doing it. 

According to a study by Joseph Kuhns with the Dept. of Criminal Justice and Criminology at UNC, out of 422 convicted burglars, 83% said they would try to find out if a home has an alarm system before the attempted break-in, and about half would actually stop and run if they discovered the home did have one. 

its not only burglaries that cause property damage

43769376-stock-vector-white-brick-house-on-fire-country-cottage-in-danger-isolated-illustration-in-vector-format.jpg

When a fire starts in your home, and no one is around to hear the smoke detectors, does it make a sound? The answer is yes, but the fact that no one hears it makes it useless. Your security system has the ability to link fire, water, and CO detectors to the emergency responders almost instantly. Within minutes, the fire department or police can be at your door taking action.

According to HomeAdvisor.com, the average victim of fire/smoke damage will pay over $12,000 in damage for a full repair. For water/flood damage, you could pay anywhere between $1,000 - $3,900. 

When dealing with a situation from a fire to a bursted pipe, the faster the first responders can arrive, the less damage will occur. A simple water / heat detector could save you from thousands of dollars in damage, or worse. Now, factor in that your insurance company will discount your coverage for having an alarm system, and the decision becomes more clear to make. 

Talk to your insurance agent to find out more. 

Thank you for reading, 

Sebastian Yerian

 

https://ucr.fbi.gov/crime-in-the-u.s/2016/crime-in-the-u.s.-2016/topic-pages/burglary

https://www.homeadvisor.com/cost/disaster-recovery/repair-fire-and-smoke-damage/

https://www.angieslist.com/articles/how-well-do-security-alarms-deter-crime.htm