So, you’ve decided that you are interested in having a home security system installed. Great choice! You can’t go wrong with this decision. Did you know that homes with home security systems are significantly less likely to be broken into? In fact, homes without these systems have a 300 percent more chance of being broken into than those with them. That’s quite a bit of a difference, isn’t it? Now that you have made the big boy choice to have a home security system installed, you are probably asking yourself how much it is going to cost. To keep the answer to this question simple, you should know that the expense of having one installed will vary based on the system you choose. Let’s take a closer look at what it costs to have a home security system installed and the expenses you can expect.

Types of Alarm Systems

There are two basic types of alarm systems:

  • Monitored 
  • Unmonitored

The president of Erker Security Systems, Paul Erker, based out of Clayton, Missouri, says the monitored systems allow the monitoring company to contact the police or fire department if there’s a disturbance at your home. He also notes that most insurance companies will give you a discount on your homeowner’s insurance if you have a monitored home security system."

Yes, as you can expect, a monitored home security system is going to cost you more money than an unmonitored system, but still, any type of security system is better than none at all. On average, a security system monitored via a home phone line will cost you anywhere from $15 to $30 a month. Systems that are monitored through a GSM chip will cost you more, with the average monthly cost being anywhere from $40 to $60 a month. If you prefer, you can have special features added to your home security system, such as two-way voice intercom and remote monitoring, giving you direct access to the cameras set up inside and outside your house. 

How much does it cost for equipment and installation?

Some home security system service providers will provide the equipment for free, however, some do not. On average, the basic alarm installation will run you about $300. A higher-quality alarm system will cost you anywhere from $800 to $1,600. You should keep in mind that the larger your home, the more equipment you need; therefore, increasing the overall equipment and installation cost. Also, some systems do not come with window monitoring. If you are shopping for a home security system that provides window monitoring, then the installation cost will, of course, be higher. Also, if you want security lighting installed or cameras, then this will increase the overall installation cost, as well. It is highly recommended that you opt for security cameras and lighting, especially being that they have become much less expensive over the past few years. 

The Takeaway

If you are looking for an exact price of how much it is going to cost you to have a home security system installed, you need to speak with a qualified home security specialist. The size of your home, the type of system you want to be installed, and the cost of installation will all affect the overall total cost. Interested in monitored home security? Get a free quote from Protect America today.