When it comes to home security, relying on efficient alarm systems can greatly contribute to the safety of your property and family members. Apart from protecting you and your loved ones, alarm systems can also reduce your insurance premium, making them a great investment for your property in Calgary. In this blog, we are exploring how alarm installation can impact your home’s insurance and what features insurance companies look for when calculating your premiums. Let’s delve into it.
How Home Alarm Systems Can Reduce Insurance Premiums
When calculating premiums, home insurance companies generally reward proactive measures to prevent unexpected situations. They understand that the more advanced a property's security system is, the lower the chances of theft or break-ins. Consequently, this lowers the likelihood that the insurance company will have to cover costs associated with insufficient security in your home. This generally results in discounts that can go from 5 to 20 % in insurance premiums, depending on the features of your security system.
Features Insurance Companies Typically Look For
Insurance companies usually provide better discounts for highly efficient and reliable security systems. Here, we explore some of the features they generally prioritize.
· Home Automation
Home automation combines camera installation with mobile control. This security system allows you to see what happens on the premises of your property at all times. This can greatly contribute to your home’s security as it allows you to take prompt action whenever you spot something suspicious. It is one of the main features that insurance companies look for.
· Smart Locks and Deadbolts
Smart locks and deadbolts can make it much more difficult for individuals to break into your property, significantly improving your home’s security. It is important to note that insurance companies may require you to install advanced locking systems in all external doors so that you can qualify for a discount.
· Audible Alarms
A loud burglar alarm can alert both you and your neighbours to any activity occurring on your property. This can greatly discourage intruders from attempting to cause further damage, making your home safer and potentially lowering your insurance premiums.
· Monitoring Systems
Insurance companies may also look for monitoring systems when calculating their insurance premiums. These systems send a notification to a monitoring station that will call you in case of an emergency and send personnel if necessary. It is one of the most effective protection measures in the market, and it can greatly impact insurance premiums.
Keep Your Property Protected with Guardian Security Solutions
Looking for advanced alarm systems to protect your home in Calgary? Guardian Security Solutions is here for you. We count on an experienced team of professionals and cutting-edge products to keep you and your property safe. Whether you are looking for advanced home automation systems or a new security camera for your space, we have the solution you need. Don’t hesitate to give us a call and let us help you safeguard your home and reduce your insurance premiums. Simply fill out the form and our team will contact you.