How Does Having a Security System Impact Insurance Cost?

Security System

According to FBI statistics, a burglary occurs close to every 30 seconds in the United States. As a result, many homeowners are turning to home security systems to help protect their property and belongings.

While having a security system cannot guarantee that your home will never be broken into, it can significantly reduce the chances. Additionally, many insurance companies recognize the importance of security systems and offer discounts to policyholders who have them.

Here’s a look at how owning a home security system can impact your insurance rates.

Deters Crime

The mere presence of a home security system is often enough to send potential burglars packing. And if they do try to break in, the loud alarm will usually scare them off and alert the authorities.

Insurance companies know that homes with security systems are at a reduced risk for break-ins and burglaries. As a result, they often offer home insurance discounts for security system owners. The discounts vary by company and geographical location, but they typically range from 2 to 15 percent

It’s important to note that many insurance companies will only offer these discounts if the security system is professionally installed. So, it’s advisable to check with your insurance agent for details before purchase and installation.

Offers Proof of Loss

If your home is broken into and you have a security system, the footage can be used as proof of loss to your insurance company. This can be invaluable in the event of a dispute over your claim.

Without a security system, you may have to rely on eyewitness testimony or circumstantial evidence that a burglary occurred. This can be difficult, especially if the burglar was careful not to leave any evidence behind.

On the other hand, your security system can provide irrefutable proof that a break-in occurred. Most modern security systems come with high-definition cameras to capture clear

footage of the burglar’s face and the valuables they may have taken. Therefore, if you have to file a claim, you’ll have the evidence to back it up.

Lowers Risk of Price Hikes

If your home is broken into and you don’t have a security system, your insurance company may deem you as a high-risk customer. This could result in a significant increase in your premium.

Conversely, if you have a security system in place, your insurance company will likely see you as a lower-risk customer. This is because they know you’ve taken steps to help prevent future break-ins.

Thus, a home security system can help you avoid a premium increase. Or, at the very least, keep your rates from going up as much as they otherwise would.

Helps Prevent Other Types of Loss

Security systems don’t just deter burglaries. They can also help prevent other types of loss, such as fires and water damage.

Many home security systems come with smoke detectors, carbon monoxide detectors, and flood sensors. These sensors can alert you to a problem before it becomes a disaster and prevent property damage.

Other features, such as remote access and real-time alerts, can also help you watch your home even when you’re away. This way, you can catch a problem early and take steps to mitigate the damage.

Insurance companies are well aware of the benefits of smart home technology. As a result, many offer “smart home insurance discounts” for homes with a multi-functional security system. Other types of insurance discounts may also be available, so it pays to ask your agent about all the possibilities.

2 Krew’s Picks: Best Smart Home Security Systems

ProSeries by Resideo

The ProSeries by Resideo is a top-of-the-line security system that offers a variety of features to keep your home safe.

The system includes a 7-inch touchscreen display, surveillance, and real-time alerts. It’s also compatible with various smart home devices and enables you to manage your home’s lights, thermostats, and more via a mobile app.

Vista-20P by Resideo

The Vista-20P is another excellent security system for your home.

This system includes surveillance capabilities, IP alarm reporting, and supports four graphic touchscreen keypads. It also allows you to control your home’s locks, cameras, and other devices on the go.

XTL Touch by DMP

The XTLtouch All-In-One is a great choice for those who want a complete security system.

This system includes an 8-inch touchscreen display, door and window sensors, a siren, and two-way audio. It also has the ability to control your home’s lights, locks, and thermostats.

Final Thoughts

As you can see, there are many reasons to have a security system. Not only can it deter crime and help you catch a burglar, but it can also save you money on your home insurance.

So, if you don’t have a security system, now may be the time to invest in one. And if you already have a system, be sure to let your insurance agent know. You could be eligible for a discount on your premium.

Looking to invest in a professionally installed home security system? 2 Krew Security and Surveillance offers a wide range of high-tech residential security systems. Our team of experienced security professionals will work with you to find and install a solution that fits your home and lifestyle.

For more information, contact us online or call us at (724) 543-0274.




2 Krew Security and Surveillance

Providing Customize Security solutions in the Greater Pittsburgh region for over 15 years.


A Message from
Brian Kozlosky


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Technicians are required to wear face coverings, carry hand sanitizer, and increase handwashing practices during installs.

Please contact our office with any concerns or additional requests surrounding the steps we are taking to keep everyone safe.

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