The short answer is…yes! On average, by installing devices that monitor your home’s safety and security you might save about 20 percent on homeowners insurance. 1 That’s pretty significant over time.
It’s no wonder that such cost advantages are available. Insurance companies know the statistics supporting the offering of discounts for homeowners who use today’s technology for protecting their homes from intruders and other risks. For instance, homes without home security systems are three times likelier to experience a break-in opposed to homes with security monitoring devices. 2
Today’s smart home technologies can include indoor and outdoor cameras, smoke detectors, carbon monoxide detectors, alarms and alerts and other features and devices. Best of all, you can monitor your home and control these smart devices 24/7 from wherever you are, from a simple app on your smartphone.