In today’s world, stretching your dollar has become a way of life. As the cost of living continues to rise, unless you are one of the lucky “1 percenters,” you probably don’t have the luxury of spending money on things that are considered “nonessential.” For many, a security system for your home or business may seem to fall into the category of “nonessential.”
However, look a little deeper into the benefits of installing a security system for your home or business. You will see that there are advantages that you might have never considered. There is the obvious benefit of not having to worry about the contents of your home or business while you are away or asleep. But did you know that you can get a discount on your insurance, as well?
The money that you are sure to save on your insurance costs makes the choice of installing a security system in your home or business an option that moves from the category of “nonessential” to “essential.”
Why Businesses Receive Insurance Discounts For Installing A Security System
Just like your business, your insurance company is concerned with its bottom line. Installing a state-of-the-art security system can reduce the need for insurance companies to pay out to businesses.
Commercial security systems don’t just prevent burglaries of businesses. Installing a security system that includes a surveillance system can reduce your business’s need to bring your insurance in to pay out on other types of claims, as well, such as:
- Fraudulent injury claims by customers and employees.
- Claims on theft during business hours.
- Other fraudulent claims by customers and employees.
Because installing a security system in your business makes insurance companies less likely to pay out as many claims, they are willing to pass those savings on to you through insurance discounts. This makes installing a security system in your business an excellent investment for you.
Why Homeowners Receive Insurance Discounts For Installing A Security System
Like businesses, homeowners are less apt to make claims on their insurance if they have a state-of-the-art home security system like Honeywell installed in their homes. Because a home with a security system installed is 60% less likely to be burglarized, insurance companies are willing to offer you a substantial discount on your premium.
So, if peace of mind knowing that 83% of burglars tried to see if a security system was installed in a home before breaking in is not enough for you to decide to install a system in your home, the 15-20% discount on your homeowner’s insurance should do it.
Installing A Security System Is Smart
Aside from protecting your property and its inhabitants, installing a security system in your home or business can help you save on the cost of insurance. Your insurance company will be so pleased with your decision to help reduce the chance of you having to make a claim on your policy; they are happy to pass part of those savings on to you.
Installing a state-of-the-art security system is a smart way to keep your home or business safe while saving money at the same time. Check out the areas we service in Florida and see how APS Security and Fire can help you with your home or business security system.
