Home security and safety is an important concern for a lot of homeowners today due to rising crime statistics. The constantly increasing numbers of home burglaries reported every day, particularly in urban areas, make home security systems an absolute necessity.
But while new technologies and innovations have increased the effectiveness, ease of use and reduced the cost of home security systems, it is also important to evaluate how much security you really get for your money.
In order to invest in a home security system, it is absolutely crucial that you view it as a financial investment rather than an upfront cost.
Home security systems are investments and, as with all other kinds of investments, it is crucial to evaluate the expected return.
While evaluation of home securities as an investment could be considered as easy as adding up the upfront costs and the monthly maintenance costs, it is very difficult to value the peace of mind afforded by these systems.
Security systems do more than just protect your home from burglars and break ins. Good systems keep you linked to your household wherever you are. The right security system notifies you about opening and closure of doors and attempted access to sensitive areas in the house including gun drawers and liquor cabinets.
For the average homeowner, a home security company offers a wide range of options and packages. The return on investment (ROI) with home security systems includes:
1. Deterrence of Criminals A home security system has been found to be a very strong deterrent to wouldbeintruders. Studies have shown that homes with residential alarm burglar systems are far less attractive to burglars hence decreasing incidences of break- ins.
2. Cheaper Home insurance Insurers look favorably at people who have secured their homes. In fact most security companies will factor in whether or not you have installed a home security system when calculating your premiums.
Installing approved home security systems can reduce your monthly insurance premiums by up to 20%. These insurance discounts more than make up for the monthly security monitoring costs incurred by your security system.
Some of the things these insurance companies consider include:
? Security lighting
? Installation of a burglar alarm
? Time switch lights for nights when you are absent from your property.
? Approved locks on doors.
3. Protection of your valuables Some valuables you keep at home are irreplaceable. Items that carry great sentimental value like exquisite art and family heirlooms cannot be possibly recovered once lost. Security options for these items include safety deposit boxes and home security systems and would both require you to part with money.
Accessibility to these items when you need them, however, makes investing in home security systems the more sensible option.
4. Peace of mind Modern technology has made home security system options more flexible. This has enabled them cover other concerns such as carbon monoxide leaks, fire warnings, arrival of kids from school and even alert you on possible plumbing disasters when you are out of town.
The peace of mind afforded by these additional features and covers is difficult to attach a price tag to.