Homeowners Insurance Deduction

There are tremendous benefits that accompany the purchase of a home security system. Benefits such as peace of mind, smart home capabilities, and the ability to watch your home remotely can be very helpful to a homeowner. There is a benefit that is often overlooked, however. It is possible to use your home security system to reduce your homeowners insurance. By doing so, you can obtain a deduction of up to 20%!

Why you receive a deduction

Insurance companies understand that monitored home security systems protect your home and your family. Insurance companies also know that your home is less likely to be burglarized if you have a home security system. If your home is less likely to be burglarized, then it is less likely to cost the insurance company money. As a result of these potential savings, insurance companies will typically provide you, the homeowner, with a deduction. Some companies provide a lower deduction in comparison to others. We recommend you compare deductions between several insurance companies before choosing.

Why you should have a home security system

Regardless of the homeowners insurance deduction, you really should have a home security system. They keep you and your family safe in a variety of ways. For instance, smoke detectors that accompany a home do not notify the fire department of a fire. Monitored smoke detectors that accompany a home security system do notify the fire department of a fire. Other capabilities can accompany a home security system as well.

Abilities such as control of your home’s lights, thermostats, and locks accompany smart home security systems like the one that we provide. There is a long list as to why you NEED a home security system. The aforementioned abilities are just a few reasons as to why you may want to consider purchasing one.

Take advantage of your benefits!

Make sure you take advantage of your insurance company’s monitored alarm system deduction! It would be downright silly not to do so. Most companies will ask that you provide a document that states you have a monitored home security system. Next time your home security company swings by, ask them for said document! Once you obtain it, send it in to your insurance company. After you do that, you can sit back and relax knowing your home is safe and that you are saving money.