3 Key Ways a Home Security System Can Save You Money

Smartphone with home security app in a hand, and an out-of-focus home in the background.

When considering whether or not to add a security system to their home, many people only focus on the costs, without realizing how a reliable home security system can actually help save money in several key ways, which we’ll look at in this article.

Prevent Loss and Damage

This is the most glaringly obvious way  a security system can help save you money, and is generally the second most important reason people invest in home security in the first place (the most important is to improve safety for yourself and family).

While it’s easy to think that burglaries and vandalism only seem to happen to others and you aren’t at risk, that’s unfortunately exactly the mindset bad actors rely on. Many people only consider implementing security after their home has been broken into as a reactive measure, instead of taking proactive steps to help prevent crime before it happens.

According to the FBI there were over 1.2 million burglaries in 2018, and each victim lost an estimated average of $2,799 per incident—totaling over $3.4 billion in losses for the year. When you look at the average amount lost per offense, it can really help justify the small expense of a home burglary alarm system.

A less-considered benefit of having a modern home security system is the fact that these systems can help prevent structural and property damage by detecting potential non-crime-related hazards. For example, low temperatures can cause pipes to freeze and rupture—which can lead to water damage that could otherwise have been detected and prevented.

Damage such as this can be extremely costly, which is another reason a modern security system can be a great investment for your home.

Save on Homeowners Insurance

Having a comprehensive home security system can help you qualify for discounts on your home insurance. Your insurance company rewards those who take steps to protect their homes and possessions because it means lower risk to them.

Even simple home safety equipment such as dead bolt locks, smoke detectors, and simple burglar alarms can help reduce your insurance bill a small—but noticeable—percentage. However, more advanced security systems can generate far bigger discounts on your premiums, sometimes up to as much as 20% or so.

However, your savings will vary based on your insurance provider so it’s a good idea to reach out and discuss with them to see what safety equipment can lower your premiums the most. With that information you can talk with local security experts to figure out which equipment and services can provide the security you need at the best prices, while netting the biggest potential savings.

Cut Down Your Electric Bill

Many modern security systems come with features that allow you to automate your home’s lighting and temperature settings.

By utilizing automation you can set your home up to be more efficient with electricity usage without sacrificing comfort—instead of suffering through a sweltering summer day with minimal AC, you can program your system to reduce cooling while your home is empty, and automatically adjust temperatures before anyone gets home. Doing so allows you to enjoy comfort without breaking the bank, and can help save money—in face, programmable thermostats can save homeowners an average of $180/year in energy expenses according to the EPA.

In addition to automating controlling your home’s temperature, you can also automate the lighting in and around your home. By programming your lights in the yard to turn on and off as the sun rises and sets (or whatever schedule you prefer) you can be sure you aren’t wasting electricity when it’s not needed.

You can also utilize sensors to automatically turn off lights in empty rooms, sync your lights to voice control apps, and more. Utilizing this combination of features can cut down on your overall electric bill and save money each month.

Bonus: Increase the Value of Your Home

While this doesn’t technically count as saving money, it’s certainly another noteworthy reason to consider investing in a new or improved security system for your home: alarm systems increase the actual and perceived value of your home.

Many buyers are looking for homes where a security system is installed—it may not be a dealbreaker if your home doesn’t have a security system installed, but when it comes to selling your home, it’s a good idea to take any advantages you can to tip the scales in your favor. After all, you’ve already spent the time and money to have your system installed—which means the new buyers can save time and money by simply having the system reactivated (a convenience well worth extra money).

Because you’ve added equipment to your home, you’ve increased the actual value of it—but you’ve also added security, safety, and peace of mind, which are all benefits that increase the perceived value of your home.

If you’re considering installing a new security system for your home (or upgrading your existing system to take advantage of newer security and automation technology) in the East Texas area, contact 3D Security, Inc. today to discuss your goals and needs. We’ve got over 30 years of experience installing security systems for residents across the region, and we have the experience and knowledge you can depend on.