The True Cost of a Home Security System

The True Cost of a Home Security System

Most people seem to think that buying, installing and keeping a home security system is expensive, but this isn't actually the case. As a matter of fact, it is possible to get home security tools for very affordable prices nowadays, which is why there aren't any more reasons why you shouldn't have one installed anymore. Besides, if you think about it, wouldn't your family's safety be worth the investment?

Naturally, the price of your entire home security system will also depend on which components you opt for and the amount of components that you decide to get installed in the end. It will also depend on the amount of security sensors that your house will need to make sure that every window and door in your house is protected. In general, though, you can expect to shell out $100 to $2000 for security gadgets and installation. If you decide to get a fire system added onto it, you can add several more hundred to the roster.

After you get a system installed, you can also opt to pay a fee every month for monitoring to make sure that your home is watched over 24/7. This happens to be the most effective part of home security systems since you won't be able to watch your own home that much. On average, monthly monitoring may cost up to $40, but if your company requires backup capabilities like radios or cellulars, you might have to shell out a little extra for that, too. If you get a fire alarm installed, that will cost extra, as well. The same goes for optional remote controls.

The majority of monitoring companies out there will also ask you to sign a contract for a minimum of three years, while others will have monthly renewable contractors available. The latter is quite rare, though. However, the good news is that after the contract is signed, your monitoring fee cannot increase during the duration of that contract. You should also know that breaking the contract before the term ends will make you liable for most of the full amount.

Another thing you need to know is that several areas have certain regulations wherein you can get annual permits for monitored alarm systems, which are meant for the system's monitoring and overall installation. Usually, these fees can reach up to $50 a year. You should also check with your police department before getting a system installed, so they don't fine you for not getting the right permits if needed.

Other costs might be involved with your choice of security system, as well, including extended maintenance programs, incidentals and replacement parts. The majority of these things aren't important, though, and won't increase the price too much. Just make sure you read your contract very carefully to make sure you don't get charged for unnecessary things.

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