Plenty of people understand the benefits to have a monitored security and fire system in the home. However, what many people don’t realize is that there are long-term financial benefits as well. Insurance companies are known for giving discounts to customers who own a monitored security and/or fire system, which can save you big bucks over the years.
Insurance companies know that a monitored system means its less likely a client will have to take out an insurance claim. In turn, they make an incentive for their customers to have these systems by passing on the savings to you. A home or business owner could receive up to a 20% discount on an insurance policy just by having a monitored security or fire system on their property.
According to a study by UNC Charlotte, burglars are 60% less likely to break into a home with an alarm system. That’s a significant decrease in crime, and insurance companies see this as a reason to incentivize customers to install an alarm system. This saves both parties money; a win-win scenario for everyone. Additionally, the protection a 24-hour monitored fire alarm system provides is something to take note of. According to the Insurance Information Institute, fire-related incidents totaled 11.1 billion dollars’ worth of damage in 2018. A home or business equipped with a fire alarm has the advantage of faster dispatch, saving potentially tens of thousands worth of property damage in the end and saving lives.
To find out what you could be saving on your home or business insurance, talk to your insurance provider, then call All Systems Integrated to get started on a monitored security and fire alarm system. Contact us via our website or call our office at (253) 770-5570.