Home Security Cost Per Month – Is It Worth It?
Relocating to Oklahoma was challenging for me initially. As it was a new location and neighborhood, my top concern was the safety of my loved ones and belongings. In just my first year here, I was startled and petrified to discover that over 580,000 home burglaries took place across the US with a staggering $733 billion stolen annually from homes.
At this point, I knew how crucial it was to install a home security system with a 24/7 professional monitoring service. Hence, to avoid becoming a victim, I began my research. After weeks of legwork, I finally invested in and installed the best home security system in the market.
Below, I have shared the benefits and cost of a home security system along with a detailed comparison of top competitors. Take a look to evaluate your options and make an informed choice like me.
Benefits of Installing a Home Security System
After a comprehensive research, here are the top benefits that I found about modern home security systems:
A robust home security system serves as a formidable deterrent to potential intruders and burglars. The use of an alarm system, security cameras, and other security measures sends a clear message that homeowners have taken proactive steps to safeguard their property.
This visible demonstration of security measures creates a strong psychological barrier for would-be criminals, dissuading them from attempting to break into such homes.
Security cameras, in particular, are powerful tools in deterring intruders. The knowledge that their actions may be recorded and that there’s a heightened risk of being identified and caught significantly deters criminals.
The fear of being captured on camera and subsequently prosecuted serves as a strong deterrent in itself. Moreover, alarm systems further reinforce this sense of security. The loud alarms and swift notifications to homeowners or monitoring services not only frighten intruders but also expedite the response from law enforcement or security professionals.
All of these factors combined make it far less likely for intruders to target homes with visible security systems in place. Simply stated, a home security system doesn’t just protect your home; it discourages criminal activity in the first place.
Once installed, a home security system keeps your home safe and secure at all times. It ensures your safety and safeguards your property day and night with constant vigilance. These systems are designed to be on high alert, continuously monitoring your property for any signs of trouble. It is particularly valuable during nighttime hours when criminal activities often occur.
Furthermore, this constant vigilance provides peace of mind. Knowing that your family and property are protected around the clock can reduce stress and anxiety. Therefore, you sleep better at night, focus on your work, and enjoy worry-free vacations .
Modern security systems are equipped with advanced sensors, cameras, and detectors. These components work together to detect any unusual activity or breach in security.
For example, motion detectors can sense movement inside or outside your home, while door and window sensors can identify unauthorized access attempts. These devices are linked to a central control panel that processes the information in real-time .
When a security breach occurs, your home security system springs into action and instantly sends alerts. This rapid communication ensures that you are aware of any potential danger as soon as it occurs.
Plus, timely actions are taken by the monitoring service company so that intruders are caught and no damage is done.
Besides break-ins, another risk that a home security monitoring service can protect you from is the breakout of a fire. Home fires can escalate rapidly, and every second counts when it comes to alerting occupants and taking action.
Integrated fire detectors in a home security system are equipped to identify the earliest signs of a fire, such as smoke or rapid temperature increases. When smoke or elevated heat is detected, the system triggers alarms both within your home and notifies the monitoring center.
The early detection of a fire can provide you and your family with precious minutes to evacuate safely. Besides this, you can take action fast to extinguish a small fire before it spreads.
Moreover, if you have a 24/7 monitoring service, the monitoring center can dispatch the fire department immediately, even if you’re not at home or unable to call for help.
Remember that a quick response to a fire can significantly reduce property damage. It can potentially save hundreds and thousands of dollars in home repair and renovation.
Though a carbon monoxide detector may add to the cost of a home security system, it is worth every dime spent. Quick detection of carbon monoxide means the difference between a minor incident and a catastrophe.
Carbon monoxide (CO) has no color and is an odorless gas known as the “silent killer.” It is highly dangerous and proves to be lethal if you don’t respond to the leakage fast.
Since it is odorless, it is practically impossible to detect carbon monoxide leakage in a home without a CO detector. Hence, by investing in a home security system integrated with CO detectors, you can easily ensure critical protection.
Firstly, carbon monoxide detectors provide early warnings. They continuously monitor the air for elevated levels of carbon monoxide.
Hence, when dangerous levels are detected, homeowners are alerted immediately. This allows you to evacuate the premises fast before the damage is done. It significantly lowers the risk of CO poisoning.
Carbon monoxide poisoning can lead to serious health problems and even death. A CO detector can save lives by allowing residents to evacuate the premises and seek medical attention if necessary, which means it’s a great thing to add to the cost of a home security system.
Needless to say, knowing that your home is equipped with CO detectors provides peace of mind, especially in winter when heating systems can sometimes malfunction and produce CO. That’s definitely a huge advantage that homeowners can’t overlook.
Installing a home security system not only provides peace of mind but can also lead to significant financial benefits, notably through lower homeowners insurance costs. Many insurance companies know the value of these wireless home security systems in safeguarding properties and reducing the risk of claims, prompting them to offer reduced premiums to homeowners who have security systems in place.
By having a security system, you are actively reducing the risk of theft and property damage, as these systems act as powerful deterrents to intruders. Insurance providers view this reduced risk favorably, and they are willing to reward homeowners accordingly.
The potential savings on homeowners insurance can be substantial and have a long-term impact on your financial well-being. While the exact amount of the discount is variable depending on the provider and the type of security system you have, it’s not uncommon to see reductions of 10% or more on your annual premiums. Over time, these savings can offset the initial average cost of purchasing and installing a security system.
Additionally, some insurance companies may offer further discounts for specific security features within your system, such as smoke, carbon monoxide detectors, and even fire alarms. This means that a comprehensive home security system can lead to even more significant insurance savings.
In essence, installing a home security system is an investment that not only enhances your home’s safety but also contributes to your financial well-being by reducing the cost of insuring your property. It’s a win-win situation where you gain both protection and potential long-term savings.
In the unfortunate event of a break-in or any suspicious incident, security camera footage plays a pivotal role as a silent witness. This recorded evidence can provide law enforcement with valuable insights, aiding in the identification and prosecution of culprits.
Additionally, it serves as a cornerstone for insurance claims, substantiating the loss or damage incurred during the incident. The visual documentation of the event not only expedites the claims process but also bolsters the accuracy and credibility of the claim.
Ultimately, security camera footage acts as a reliable source of evidence, enhancing the chances of apprehending wrongdoers and ensuring a smoother path toward restitution and justice.
Home Security System Cost Per Month
Now that you know the importance of a home security system, let’s delve deeper to evaluate its average cost and find out if it is actually worth it. Understanding the cost of home security per month is crucial for budget-conscious homeowners.
So, let’s break down the factors that influence the monthly home security system cost and help you make an informed decision.
The initial setup cost primarily refers to the equipment cost. Though this may be a one-time cost, it is important to allocate a portion of your monthly budget for potential maintenance and repair expenses.
While many systems come with warranties that cover equipment defects, you may still incur expenses for service calls or repairs outside the warranty period.
Besides this, preventive maintenance may be carried out monthly or bi-annually to keep your home security equipment in top condition, ensuring it works optimally.
Also, when evaluating the home security price, you must factor in the monthly fee, especially if you opt for an equipment financing plan. Some companies offer this plan that empowers customers to install home security systems while paying for the hardware over time.
Depending on your security needs and preferences, you can choose from a range of equipment, including:
- Control Panel– This is the central hub for your security system that allows you to arm and disarm alarms and access various features.
- Sensors– Windows and door sensors, motion detectors, and glass break sensors detect unauthorized access and movement within your home.
- Cameras– Surveillance cameras provide visual monitoring of your property, inside and out, keeping an eye on everything that goes around your turf.
- Alarms– Alarms deter intruders so you can get alert to potential threats and take timely actions.
- Smart Home Integration– Many modern security systems offer compatibility with smart home devices, like smart locks, lights, and thermostats.
Remote monitoring is another factor to consider when evaluating the monthly home security price. This is an ongoing service that keeps your security systems connected and responsive 24x7x365, much needed for constant vigilance. You can access this service when you buy a home security system from a provider like Alarm Relay.
Known for our award-winning monitoring services, Alarm Relay has a highly-trained team that monitors your home vigilantly, ensuring you and your family are safe. A real-live security dispatcher is on guard, ready to help clients on the spot and dispatch emergency services like police or firefighters, thereby preventing the risk of thefts and losses.
You also receive alerts via text messages, phone calls, or email if a security breach or suspicious activity is detected.
Alarm Relay’s monitoring fees cover standard signals for burglary and fire, including signal restorals. Additionally, the service incorporates a monthly communication test and monitoring for trouble signals, such as AC power loss and low battery alerts.
Home Security System Cost Comparison
A home security system cost comparison is crucial for homeowners seeking to protect their families and property. With a plethora of security options available, ranging from basic solutions to advanced smart home technologies, understanding the associated costs is essential.
Comparing prices and features allows individuals to find a security solution that aligns with their budget while ensuring optimal protection. Moreover, it helps avoid overpaying for unnecessary features or, conversely, opting for an inadequate system to save money.
In a world where safety is paramount, a well-researched cost comparison ensures that homeowners can enjoy peace of mind without breaking the bank. So, here’s a detailed comparison of the best home security systems in the market:
| Home Security Companies | Pricing/Month | Contract | Installation |
|---|---|---|---|
| ADT | $28.99 to $59.99 | Yes (depends on location at least 36 months) | Professional |
| Vivint | $29.99 to $44.99 | Yes (60 months) | Professional |
| SimpliSafe | $19.99 and $29.99 | No contract | DIY or Professional |
| Alarm Relay | $8.95 to $23.95 | No contract | Professional |
ADT
ADT, or American District Telegraph, is a renowned home security system provider. It offers round-the-clock monitoring services via multiple monitoring centers. The company provides professional installation of the system while giving you a chance for six months to confirm the equipment and system work efficiently.
However, once you confirm, you will have to sign a contract with ADT. It is typically 36 months, but if you live in California, then your contract may be for 24 months or less.
Furthermore, the ADT system is compatible with most major smart home devices. However, you will have to pay more for full automation or application use which adds to the price for the home security system.
In terms of equipment and pricing, ADT provides equipment to customers from third parties. Their equipment isn’t proprietary, but they offer a wide range for customers to select from and install. Though they provide reliable security service, their pricing is comparatively high.
On average, customers are charged between $28.99 and $59.99 per month, depending on the package you have signed up for. Not only that, the service is contract-bound.
Therefore, it’s better to evaluate and compare your options, especially when you’re on a tight budget, and want to avoid signing up for a long-term contract.
Vivint
The ADT Video Package and the Vivint Basic Security System share several similarities. They both offer entry, motion, glass break sensors, indoor cameras, as well as smart locks, and video doorbells.
However, the ADT package provides the additional convenience of a keyring remote for system arming and disarming without relying on the app. In contrast, Vivint enhances its offering by including an alarm system, as well as a smoke and carbon monoxide monitor.
Now that you know the services offered by Vivint, you should know that they offer multiple packages like any other home security service company. However, the pricing is variable, starting from as low as $29.99 to approximately $44.99 per month.
Another thing worth mentioning here is that with Vivint, there are no initial equipment costs. Instead, the cost of your Vivint system is covered through monthly installment payments.
SimpliSafe
SimpliSafe is an established home security service provider. The company is known for its commitment to providing user-friendly protection services for families and properties.
With a focus on simplicity and reliability, SimpliSafe offers a range of customizable security solutions that successfully meet the unique needs of homeowners.
They provide cutting-edge technology to safeguard your premises from intruders and other potential threats and risks like floods and fire damage.
If we compare SimpliSafe with its counterparts, it provides professional monitoring services at a cheaper price. Their basic security plan starts at $19.99 per month, which is less than what ADT and Vivint charge for their basic package plans.
However, if you’re looking for a home security service that is more efficient, better, and economical than SimpliSafe, then it is recommended to opt for Alarm Relay. Alarm Relay’s starting price is half the cost of SimpliSafe.
Alarm Relay
Home Security Service Packages
When it comes to home security services, Alarm Relay is a trusted, leading, and dependable company that has been providing exceptional security solutions to homeowners for more than 50 years. Alarm Relay security services are top-notch and cost-efficient.
Whether you’re seeking comprehensive security or a more tailored approach, Alarm Relay has emerged as a go-to choice for those looking to enjoy peace of mind and affordable price.
So, if you’re a budget-conscious homeowner looking for quality security systems and services, partner with Alarm Relay.
Alarm Relay offers three different packages. These include the following:
Good Protection
Most Affordable
It is a 24×7 security monitoring service that will only cost you $8.95 a month. Package highlights include:
- Access to the in-house central station
- Reliable transmission
- No automated calls
- System takeover
- Savings on home insurance
It is possibly the most affordable security monitoring service you’ll find. It’s an ideal service package for those who reside in cellular dead zones with no high-speed internet connection.
Unlike many companies who may not offer security solutions to residents in a cellular dead zone, Alarm Relay is at your service. The company has mastered thousands of systems to work efficiently with their customers’ existing landlines, thereby providing you with the security services you need and expect.
Alarm Relay fully manages and controls all security services in-house, and their professional monitoring station responds to the alarm triggers in less than 30 seconds.
How Does The Service Work?
Alarm Relay directly connects the control panel and your conventional telephone line. So, in the event of an alarm activation at your premises, your security system transmits a signal via your traditional phone line to our in-house professional monitoring center.
Our extensively trained dispatch specialists promptly contact you within seconds to verify if assistance is required. We treat every security breach with the utmost seriousness, even in cases of false alarms.
If it turns out to be a false alarm, we’ll attempt to cancel the alarm dispatch and ensure your well-being. Conversely, if you require assistance, we will dispatch the appropriate emergency response, whether the police, fire department, or an ambulance. Throughout this process, we remain on the line with you until the emergency responders arrive.
Better Protection
Fastest
This package will cost you $13.95/month. Package features include:
- 24/7 security monitoring
- Remote control via a Smartphone
- U.L. Certified professional monitoring station
- New smart home technologies
- Savings on home insurance
- Email and text notifications
The service uses your internet connection when your security system is triggered. Signals are immediately transmitted to our professional monitoring station. The emergency is handled with a lightning-fast response.
Furthermore, under our internet monitoring services package, your security system is connected to the internet router that sends check-in signals to our in-house monitoring station every few seconds. This ensures that everything is alright at all times.
Nonetheless, Alarm Relay advises users to have cellular monitoring as a backup to ensure they are always protected in case of an internet or power outage. After all, multiple
Best Protection
Most Secure
This package starts at $19.95 per month and includes:
- 24/7 security monitoring
- Remote control via a smartphone
- U.L. certified professional monitoring station
- Email and text notifications
- Dual path communicator
- Line-cut prevention
It is the most reliable service that even the most experienced burglars can’t manipulate. It is because, unlike landlines, cellular connections are wireless. Hence, burglars can’t cut them.
Also, even during a power outage, the service performs efficiently and works at its best, providing an uninterrupted security monitoring service. In an emergency or break-in, Alarm Relay responds fast, in less than 30 seconds. The company ensures your home and loved ones are well-protected at all times.
Conclusion
You can contact Alarm Relay for more information about the different packages, customization services, and cost of a home security system. We are the best home security company. Schedule a free consultation with an Alarm Relay expert today to ensure your home is safe and secure from potential threats that can cause a great deal of damage to your home or family, such as break-ins, floods, and fire, among others.
