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Security Devices Saves Insurance Premiums

28 May, 2008 (07:29) | Basic Insurance | By: Robert

Installing security devices at home makes us feel safe, but did you know that we can save more in insurance premiums as well? Yes, once the home insurance guys check the place out and see that everything is installed well, you might get some discounts.

According to insurance.com, the rates would be as follows:

  • 5 percent discount on installing dead-bolt locks
  • 5 percent on installing a simple burglar alarm
  • 20 percent if you install a complicated home security system complete with monitoring cameras
  • If you do all of that, you get a whopping 30 percent home insurance premium discount based solely on security devices. This doesn’t include setting up smoke detectors or sprinkler systems yet.

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