Most, if not all, insurers will give you a discount on your homeowner's policy premium if you install a home security system. The performance and sophistication of the typical home security system varies dramatically depending on what you buy and how much you spend. Similarly, the premium discounts will vary too. Usually, insurers will give you a 5% discount merely for installing dead-bolt locks. A simple burglar alarm is likely to get you yet another 5%. If you decide to go with a more sophisticated home security system, complete with monitoring services, then you can expect a discount of up to 20%. In addition to discounts for security devices, you can also benefit by installing safety devices such as smoke detectors or sprinkler systems.
PLEASE NOTE: Check with your insurance agent to make sure you are getting the discounts you are qualified for and to see how you can save more on your premiums by installing additional security equipment.