Why are home insurance compnies willing to offer these huge discounts?
Think about it like this: when you install a home security system, it makes it less likely that someone will be able to break into your home, and in effect, there's less of a chance that your insurer will have to cover your losses due to a home invasion.
Essentially, when you install a home security, you are less of a risk for your insurer.
To Deter Potential Crime
You might think that a crazy-loud dog is a great way to keep burglars away and you wouldn't be wrong - but studies show that investing in a home security system is a proven way to keep burglars at bay.
In fact, according to a 2010 study partially underwitten by the Alarm Industry Research and Education Foundation, burglars spend less tha 60 seconds breaking into a home. So, anything that made a house harder to access, including home security systems, deadboltlocks, bars on windows acted as a deterrent.
The bottom line: Burglars are on the lookout for "soft targets" so making your home more difficult to access is likley to detet a break-in.
To Control your Home Remotely
Have you ever called a neighbor to ask whether you left your kitchen window open? Now there's an app for that, in a manner of speaking.
Most home security systems can alert you - via text or e-mail - when there's activity in your home that you want to know about. For example, you can get alerts every time someone enters your home, the basement light goes on, or every time your liquor cabinet opens.
Many systems even allow you to view live video feeds from your home online or on your phone.
And if you're a working parent who wants to keep tabs on when your kids come and leave the house, certain alarm systems will allow you to do just that.
And if you're worried you'll start to get annoyed by the alerts and notifications, you'll be happy to know that they're completely customizable, so you can tone them down or turn them off.
To Help Law Enforcement Respond Faster to Emergancies.
What's another good reason to invest in a home security system? How about this: It can actually help children or seniors get medical attention in the event of an emergency.
How so, you're probably wondering? Well, if someone with health problems is living alone, they could carry a wireless transmitter that triggers their home security system if they need assistance.
As with a fire, once the home security system has been triggered, emergency responders are immediately notified if you opt for a monitored system.