Ensuring the safety and security of our homes and loved ones is a top priority for every homeowner. With advancements in technology, installing a home security system has become an increasingly popular choice. Continue reading to learn more about some important factors that homeowners need to consider when evaluating the overall expenses of implementing a reliable home security solution.
If your home security system is monitored, expect to pay a monthly fee. The fee depends on the type of monitoring, and there are two kinds:
- Landline monitoring: Landline monitoring is the old industry standard and costs $20 to $30 per month. It’s what it sounds like—your system sends your security company information through your home’s landline.
- Cellular/GSM monitoring: Cellular monitoring costs $10 to $65 per month, and it’s quickly becoming the most popular modern option. This type of system has a GSM chip in the central control panel which sends signals to your security company through a cellular (or wireless) network.
Oftentimes, you’ll see cellular/GSM monitoring used as a landline backup, since something as simple as cutting a home phone line is enough to compromise a landline system. That being said, cellular systems are more susceptible to hacking or signal interference. Source: Angi
In most areas, you’ll need a permit along with your home security alarm purchase. Alarm permits register your security system with local fire and police departments, which helps decrease false alarms and provide quick contact with homeowners. Source: USNews
Most home security companies offer advanced security tools that work with the control station, including security cameras, smoke and carbon monoxide detectors, and motion sensors. A few of these devices may be included in the plan you choose, but if you want more advanced security, you should budget for some extra items.
While adding a small motion sensor may not come with significant additional fees, adding cameras or smart devices can add a substantial amount to your total security equipment cost. Source: Safewise
If you’re looking for cost-effective security options that won’t incur monthly fees, there are budget-friendly alternatives available. To learn more about these affordable options tailored to your needs, call us today!