Can Security Cameras Reduce Homeowner's Insurance?
No, in most cases, security cameras will not reduce homeowner's insurance. Although there are exceptions to this rule, most insurance companies will not offer discounts for having standalone security cameras. That said, cameras are still excellent for use with home security setups.
Many home insurance companies offer premium discounts for customers who receive service from an alarm monitoring company. This is because homeowners with active monitoring service are seen as less of a risk than homeowners who do not receive monitoring service. In some cases, the savings offered by the insurance company will even cover the entire cost of the alarm monitoring service. This means that you might be able to receive protection for your home and family at essentially no cost whatsoever.
Unfortunately, most insurance companies will not offer further savings for customers who have security cameras in their homes. A big reason for this is because it's often difficult for the insurance companies to verify that the security cameras are working properly. If an insurance company does offer a premium discount for having security cameras, the cameras will need to be tied to an active alarm monitoring service.
Additionally, security cameras don't necessarily deter burglaries. The only way they can do this is if they are directly visible to the intruders. Cameras are more useful for presenting evidence to the authorities after a crime has already occurred. Deterring burglaries is best accomplished by installing sirens to go off when door and window contacts or motion sensors are activated. This will scare off most intruders who try to enter your home. You can also have a central monitoring station request immediate police dispatch to protect your home in an alarm event.
This hasn't stopped security cameras from being great for use in homes. They are arguably the best way to present real video evidence to the authorities in the event of a break-in. Countless burglars and intruders have been caught thanks to the presence of security cameras. They are also useful for proving the extent of any damage that has occurred during a break-in to an insurance company. Many homeowners also like to use security cameras so that they can monitor the activities around their houses. This can be great for keeping an eye on children and checking in on maintenance workers.
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