What You Should Know In Order To Save Money On Home Security Part 1
What You Should Know In Order To Save Money On Home Security: It Actually Has Become Easier
Monitoring your home security system has never been easier but there are several things you need to consider before committing yourself to a long term monitoring agreement with any alarm company.
Alarm companies don’t make the majority of their profit from selling security systems, it comes from accumulating a large base of alarm-monitoring contracts. In fact these monitoring contracts are so profitable that they are frequently bought and sold like mortgage notes.
What You Should Know In Order To Save Money On Home Security: Unleash The Tips
What You Should Know In Order To Save Money On Home Security Tip #1: Ask if they are an authorized alarm dealer or a represent a marketing company
Marketing companies have learned to flood a market with fantastic offers on security systems with the sole purpose of selling the contracts at a profit.
They often use any sub-contractor available, which can lead to poor customer service once the marketing company leaves town.
Once you find a reputable alarm company ask them to come out to your home and give you a quote. You’ll find that most will quote you a basic security system at a reasonable price.
These basic security systems generally include an control panel, keypad, motion detector, a couple of door contacts, inside siren, a yard sign and warning decals.
If they use proprietary security equipment, you could be left in a bind should you become dissatisfied with their service for any reason. Ademco, DSC,& Caddx are well known manufacturers and can be monitored by any one.
Some companies offer low a low installation charge of $99.00 or will give you a “FREE” security system. Many do so if you put a security sign in your yard for advertising purposes and commit to a long-term alarm-monitoring contract.
Since the installation charge doesn’t cover the true cost of the equipment and labor, you are charged a substantial monthly fee to recoup their investment. These “deals” or equipment leases aren’t necessarily bad but make it hard to evaluate the true cost to you over time.
The best way to evaluate your contract is to ask the salesman to give you a quote to purchase the security system outright and show the home alarm-monitoring fee separately. Most of the time you are better off buying the alarm system because your monitoring fee will be much less.
For example. Say for $99 your monitoring fee is $35 per month for 3 years
you total cost for monitoring your home alarm is $1359.00 Your fee
will remain $35 per month or even increase.
On the other hand say you pay $599.00 installation and $20 dollars a month your total cost is $1319. Not only is your overall cost less but from year 3 on your will be saving $180 per year. This savings would be better spent on upgrading your alarm system to include fire monitoring and added perimeter protection
What You Should Know In Order To Save Money On Home Security Tip #3 Don’t pay additional charges for medical or fire monitoring
It’s ok to pay for the equipment needed but some companies charge $2-$5 extra for these services. These options are easily programmed into the alarm system and don’t require any additional effort to monitor.
What You Should Know In Order To Save Money On Home Security: Stay Tuned For Part 2
In the next article we will be covering more details. So be sure to look out for part 2 of “What You Should Know In Order To Save Money On Home Security“.
Take Care And God Bless
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