Top 3 Financial Benefits of Security Systems

Top 3 Financial Benefits of Security Systems

Arby Babaian Financial Benefits of a Security System, Home Security Tips, Smart Home Security Leave a Comment

A very important but often overlooked benefit of a security system is that it can help in more ways than just peace of mind. Even though peace of mind is the biggest advantage of having home security. There are some financial benefits to help reduce your alarm monitoring cost as well.

Traditional alarm systems can offer substantial savings on your insurance premiums and tax liability. In fact, it’s not unusual for savings in these areas to largely offset the cost of security system installation and monitoring.

When you take advantage of today’s smart security systems you can also see another financial benefit. When you add these things together, you have a sizable amount of invisible costs that become savings.

Home Security Systems Reduce Your Insurance Premiums

Insurance companies know that monitored security systems help prevent losses. In fact, a home with a security system is far less likely to be burglarized than a home without a system. So most insurance carriers offer discounts on insurance premiums when you install or upgrade a security system. Depending on the type of system installed, this can mean savings of 5% to 20% or even more on your premiums.american-963190_1280.jpg

Depending on the insurance company and the type of security system and alarm monitoring you have, will effect the amount of money you save. By adding monitored fire protection most insurance companies will maximize your discount. While burglaries can avoid claims, a fire can destroy an entire home. Not to mention that a fire is more likely to have injuries and fatalities.

Ask your insurance provider what type of discount a monitored home security system will allow. Your insurance provider will want a certificate from your security company as proof of home security. You can also compare other insurance providers to see about lowering your premiums. Some companies will even offer a discount for alarm systems that aren’t monitored. Obviously, having professional monitoring should increase your saving.

And Reduce Your Tax Liability

As a full disclosure, you should always talk to your accountant before making any adjustments to your taxes but there are many folks who can take advantage of savings.

A  home security system is usually considered a “capital improvement” on a home. If you make such an improvement you can add the cost to your home’s adjusted cost basis at the time of sale. This reduces your capital gain and, therefore, your capital gains tax when you sell your home. By the way, security systems are very popular with new home buyers, which will make your home easier to sell.

At the same time, security system installation and monitoring fees are normally eligible for treatment as a deductible business expense. This is also true if you are running a business out of your home, for that portion of the system that is protecting the “business area.” See IRS Publication 529 and talk with your tax professional for advice concerning your particular situation.

To find out how you can put these kinds of cost savings to work for you while protecting your home or business at the same time, just contact us here at All About Security for a free, no-obligation consultation.


Smart Home Saving with Energy Too!all-about-security-light-qolsys.png

One new way you can use your home security system to save a few additional dollars is by using energy management services. The easiest way to do this is by adding a smart thermostat to your system. By using this service you can adjust the temperature in your home whenever your house is empty. Additional rules with door and window sensors can also help. One common rule is to turn off your furnace or air conditioner when a door or window is left open for more than a few minutes. “Are you trying to heat the whole neighborhood?”. With a smart thermostat you’ll never have to worry about hearing that again. 

Another device that can help with energy savings is a smart light bulb. In fact, a smart outlet, dimmer, or light bulb all can help with your electric bill on a monthly basis. You can make sure you never leave a light on when you don’t want to with these handy devices. 

By using these types of home automation feature with home security systems you can easily save 15% to 20% off your monthly bill. Just by reducing your target temperature by five degrees you can make a large dent in your family’s energy consumption.


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Alarm monitoring is a great way to protect your home and family. Even though these savings are an added benefit of security systems they shouldn't be the motivating factor. These saving can be the added benefits to rationalize the small investment needed for monitored alarms. There are plenty of additional benefits today's smart security systems offer but some times we forget about the financial benefits that can also be a small perk.

If you want to know more about how smart services and security can help your home and family you can call us at 317.559.3500. We would be happy to help maximize your savings and find the right solution fr your needs. Home security systems in Indianapolis made easy and affordable!

Until next time....stay safe and informed Indianapolis!

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Arby Babaian

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