When many homeowners think of purchasing their first home security system, they often first think of the big security names. They think of the door-to-door salesmen and the expensive contracts, but often decide that you can’t put a price on security. However, there is a more cost effective way that many homeowners don’t realize. DIY home security is just as effective and can be yours for a fraction of the price. So before signing up with the first salesman who shows up at your door, take a second to consider the costs of owning a home security system and carefully consider all your options.
The Hidden Costs of Owning a Home Security System
Traditional security systems aren’t known for being cheap, but what many people don’t realize is that there are many hidden costs on top of the original contract you sign. For example, many security companies are known for raising their fees every six months or so. While you’re under contract, even when these fees are raised you’re still obligated to pay them. The costs for their monitoring services are also more expensive than many no-contraction monitoring companies as the traditional home security systems need to cover the cost of the “free” or “99 dollar” system they installed in your home. However, if you read the small print, the security system installed in your home isn’t actually yours. It still belongs to the security company. If you do decide to cancel your service with the company before your contract is up, often times not only will you have to pay expensive cancellation fees, but you also won’t end up with any equipment to show for the years you paid.
In addition, when you factor in the cost of the monthly monitoring, the cost for a service contract or the cost of a service call, and the different levels of cost for smart technology connectivity, you may think that home security systems aren’t as affordable as you thought. However, DIY alarm systems are just as effective and often at a fraction of the cost. With DIY home security systems, you know the exact cost of the equipment you’re purchasing and you’re the owner. Which means even if you move homes or apartments, you can take your security system with you. Because of the popularity of wireless home security system equipment, most home owners are able to easily install their own system in less than a day, saving themselves hundreds in installation costs. Finally, if you’re looking to purchase monitoring services, DIY home security systems work on no-contract monitoring services for a fraction of the cost of the traditional alarm companies, and you can cancel any time if you’re unhappy or costs raise since you’re not in contract.
If you’re interested in purchasing a home security system for your family that won’t break the bank, talk to one of our home security experts today!