Most of us are aware of the basic benefits that a home security device offers, including alerts when a possible burglary is taking place or an alarm from a smoke sensor. But did you know that smart wireless home security systems can also save money throughout the year? Let’s take a look at some ways and tips to
Prevent and Reduce Costly Property Damage
When you add environmental detection devices to your wireless security system, it helps you to save money. By detecting changes in the environment of your home and alerting you to an emergency, it allows for a prompt response. Damage to your property can be lessened or eliminated.
Sensors that detect smoke are one of the most common environmental detection devices. And, there is a big difference between smoke detectors purchased from your local hardware store and those connected to a professionally monitored security system.
A monitored wireless security system signal will detect the first sign of smoke and enable rapid dispatch of your local fire department. Even when you are not at home, your smart security system’s app will notify you of the alarm. Security system smoke detectors are interconnected. So they all produce audible signals when one goes into alarm. Even if you are doing laundry in the basement, you will hear an alarm signal when smoke is detected in the attic, giving you an early warning to evacuate.
Sensors that detect water are another cost-saving environmental detection device signaling an alarm when it senses a leak. Flood damage can cost thousands of dollars to repair, so early detection is the key.
Reduce Home Energy Costs
You can reduce your home’s energy bills by adding smart home control to your security system. You will have the power to maximize efficiency by:
- Creating automated schedules for lighting and temperature control.
- Remotely turn off/on lights and appliances.
- Remotely adjust your thermostat’s temperature setting.
Prevent Substation Loss in Home Theft
According to the FBI, victims of burglary offenses suffered an estimated $3 billion in property losses each year. They note the average dollar loss per burglary offense is $2,661. Homes without security systems are up to 300% more likely to be broken into. The mere presence of a security system can scare off a potential burglar. Security systems minimize your risk of intrusion and theft, keeping your valuables safe inside.
Homeowners Insurance Savings
Since security systems are so good at discouraging theft and vandalism, qualified security systems can provide you with a discount on your home owner’s insurance. According to the Insurance Information Institute, simple safeguards like smoke detectors, burglar alarms, or dead-bolt locks typically result in discounts of at least 5% on premiums. More sophisticated monitoring solutions bring in savings of 15-20%. Actual savings will vary based on the insurance provider. Contact yours for exact numbers.