Can a security system reduce my home insurance costs?
The short answer is yes. Some insurance providers will offer you a reduced premium if they see you have a working burglar alarm in place. Some may also consider the additional benefit that the latest connected security devices bring, however this is currently less common. Your premium will also be heavily influenced by other factors such as where you live and the kind of building you live in.
But be warned, in certain postcodes, some insurance providers will only cover you if you have a burglar alarm installed. And if you want a high level of cover – let’s say you have lots of expensive jewellery and electronic gadgets – your insurance provider will want to see that your home is well protected.
(All prices correct November 2018)