Home Insurance discount for security system
Has anyone here found an affordable way to get the discounts offered by insurance companies for a security system? I'm with Personal Group and they offered 5% for a self-monitored security system and 10% for a monitored security / fire system.
I was thinking about getting a cheap self-monitored system but I was a little surprised to see the prices ($200+) and they also look like a huge hassle to set up. Doesn't seem worth it if the primary purpose is to get a discount.
I called to ask what qualifies as a security system - like could I just put in a camera somewhere? They said there were no specifics as to what qualified as a system.
Anyone have any experience with this? I'm trying to find a way to lower my premium as my rate is going up 25% this year! (and my quick price comparisons online have found it would be even more to go with another provider). Never had a claim or an issue but I guess rates are going up everywhere....
I was thinking about getting a cheap self-monitored system but I was a little surprised to see the prices ($200+) and they also look like a huge hassle to set up. Doesn't seem worth it if the primary purpose is to get a discount.
I called to ask what qualifies as a security system - like could I just put in a camera somewhere? They said there were no specifics as to what qualified as a system.
Anyone have any experience with this? I'm trying to find a way to lower my premium as my rate is going up 25% this year! (and my quick price comparisons online have found it would be even more to go with another provider). Never had a claim or an issue but I guess rates are going up everywhere....