How Do I Get a Discount for a Security System?

Installing a monitored security system, plus smoke detectors and deadbolts, can qualify you for a homeowners insurance discount. The key is telling your insurer exactly what safety features you have, because the discount is only applied when you ask.

Insurers commonly discount for monitored burglar alarms, fire alarms, and smoke detectors that are professionally monitored. Deadbolts, window locks, and sometimes smart home devices that detect leaks or smoke can also qualify.

The discount varies by insurer and feature. A professionally monitored system usually earns a bigger discount than a self-monitored one, because the insurer knows the alarm company will be notified and respond.

Tell your agent or insurer about every safety feature you have and ask which discounts apply. Some insurers require proof, such as a monitoring contract or a certificate from the alarm company.

When you install a new system, notify your insurer so the discount can be applied to your next renewal. It is an easy saving that many homeowners miss simply because they never mention their security setup.