Posted on September 15th, 2011 at 12:00 am by admin
Some insurance companies will offer clients a discount or rebate for having an installed video security system. Video Security systems fall into two categories; monitored and unmonitored. Monitored systems are those where you subscribe to a private company to watch your security system 24hrs a day and they contact you and the police if something goes wrong. Unmonitored systems are those where everything happens on site and you are alerted by means of a siren and/or flashing lights should a break-in occur.
Depending on what type of security system you have, the savings usually range between 5 and 20 off your yearly bill. For video security systems that are unmonitored you are likely to fall on the lower end of the savings which is around 5. Monthly monitored video security systems which are verified and professionally installed will land you a rebate closer to 20.
Here is an example of how much you could save:
Yearly Insurance: 1,000
20 Discount: 200
Final Cost: 800 Per year
Monthly Savings: 16.67
As you can see, you can save a substantial amount of money from having a video security system. Video security systems are a proven way to help protect your property from damage and theft and are not only beneficial to you but also the insurance companies as they lead to reduced claims thereby saving the insurance company some money. It is because of this opportunity to save money on claims that insurance companies offer these rebates as a way to motivate their customers to have a video security system.The hits keep comin-: Ask Casa: A Home Security System for My Rental? (Part 2)