Insurance Discounts for Home Security Systems

Does your homeowners insurance carrier offer discounts for home security systems?

Aside from protection, you may have a financial motive to beef up your home security methods. Most, if not all, insurers will give you a discount on your homeowners policy premium if you install a home security system. The available discount will vary from one insurance company to another. It will also vary depending on how sophisticated your security system is. Usually, insurers will give you a 5 percent discount merely for installing dead-bolt locks. A simple burglar alarm is likely to get you yet another 5 percent. If you decide to go with a more sophisticated home security system, complete with monitoring services, then you can expect a discount of up to 20 percent. (In addition to discounts for security devices, you can get discounts for installing safety devices such as smoke detectors or sprinkler systems.) Check with your insurance agent to make sure you're currently receiving any and all discounts you may qualify for, and to see if you can save any more on premiums by installing additional security equipment.

Foresight Security Arizona provides a proof of monitoring form for you to submit to your insurance agent after system installation and activation.