If you are looking for a discount on your Homeowners insurance, installing a Central Station Reporting Alarm system could be one. These discounts can vary between insurance companies.
The monthly service cost of a Central Station Reporting Alarm System usually runs around $20 per month / $240 annually. Usually, the discount on the homeowners’ policy does not exceed the monthly service cost of the alarm system. It would be best to consider other reasons why a central station alarm might benefit you.
1. Early Detection: We all know that early detection of a possible claim such as fire or burglary can often times lessen the damages.
2. Peace of Mind
Several insurance companies that write homeowners’ policies require homes valued at over $400,000 have a central station alarm system.
Homeowner insurance companies offer discounts ranging from 5% to 10% for having a central station reporting alarm system. If your home also has a complete sprinkler system, you can get up to a 23% reduction in premiums with some companies.
We recommend each homeowner consider installing a central station alarm system for fire and theft.
Building code in Henderson, KY (and many parts of the US) requires all new construction residential homes to have wired smoke alarms.
GoVaughn.com Insurance uses these companies for fire, burglary, and surveillance systems:
We have had personal experience with both companies. Please let us know about your experience if you choose to use them.
Central Station Alarm vendors will furnish each new installation with proper documentation that we, as insurance agents, can use to apply the appropriate discount.
Security System: Choosing the Right Alarm System for Your Home. It is a document that one of our partner companies, GuideOne Insurance, produced.
What is your experience with a central station reporting alarm system for your home or business?