Home owner insurance is a necessity for all homeowners, however, there are few who wouldn’t mind saving money on their home owner insurance premiums. More and more responsible homeowners already have or are in the market for a home security system, but many are unaware of the fact that good home security is proven to lessen home owner insurance claims. Insurance companies know this, and depending on your home owner insurance policy, will give solid discounts on your home owner insurance premiums with many approved home security systems. Of course, make sure to check with your home owner insurance underwriter regarding home security systems, but what follows are a few of the most common home security improvements that can result in significantly lower home owner insurance premiums.
Not surprisingly, locks are one of the most effective deterrents to burglars. Many home owners insurance policies offer premium discounts to those homeowners who have installed recommended locks, such as deadbolt locks, on all outside doors as part of their home security. For those looking to qualify for this discount, remember, the locks making up your home security must be installed throughout your entire property to include any and all garage doors and yard access. Windows also need to be secured with secure bolt locks or some other multi-point locking mechanism. This discount on your home owner insurance premium especially applies to homeowners who have recently moved to a new home. Common sense dictates that you really don’t know who may have copies of keys to the old locks. Therefore insurance companies offer discounts to home owners who replace all old locks with recommended locks as part of their home security. Another easy method to lowering home owner insurance premiums and improving your home security is to sign up for your local neighborhood crime watch. Almost all neighborhood watch programs that are recognized by the appropriate law enforcement authority are proven to reduce crime in their area. By being a participating member in such a program, home owners can usually enjoy added discounts from their home owner insurance companies. Last, but not least, quality home security systems often lower your home owner insurance premiums. Logic and statistics prove that the better your home security system is, the less likely you are to make home owner insurance claims. For this reason, insurance companies have a range of home security systems they recognize. Check with your own home owner insurance company to see if your home security system qualifies.
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