How does a home security system affect your insurance rates?

FaZizzle · #1 (**permalink**) 06-27-2007, 02:30 PM

Any advice, negative or positive, would be nice.

We're considering it, and we're meeting with the guy who would put it in tomorrow.

How much did you pay?
Is it worth it?
How was your home insurance affected?

Phil · #2 (**permalink**) 06-27-2007, 02:32 PM

In general, you get about a 5% discount for having a monitored system. It doesn't pay for the system, but the reduced premium helps pay for it. And doesn't it the piece of mind make it worth it.

Say Cheese · #3 (**permalink**) 06-27-2007, 03:00 PM

Most insurance companies offer a discount for MONITORED alarm systems... Wether or not it is worth is something you have to decide based on your need for it and how much you pay for the system + insurance vs insurance alone. I personally believe that your home and your family is your investment and you can put no cost on your familys saftey so IT IS WORTH IT!!