Insurance Approved Burglar Alarms.
Insurance Approved Burglar Alarms are the Insurance Providers Preference.
These days many home insurance companies are willing to give
discounts on their policy rates to those homes protected by an alarm
system on their list of approved burglar alarms.
Not only do these insurance companies believe that homes are less
likely to suffer a loss through burglary if an alarm is installed but
rate one model of alarm over another.
So as an incentive for you to install, and use, one of their
preferred alarms they give you a small saving on your insurance cost.
Alternatively, instead of a reduction in the payments an insurance company may
reduce the amount of your deductible if you have one of their insurance
approved burglar alarms fitted.
Often, but not always, the alarm systems that the insurance companies approve are Monitored Systems.
Monitoring an alarm installation incurs a monthly fee of course, and
this fee should be taken in to account when pricing up a system whether
it has an insurance company’s approval or not.
As well as insisting that your burglar alarm system is monitored
your insurers may stipulate that the system is installed by
Although an alarm system might be described as “insurance approved ” or a similar description, you have to see if your particular insurance company accepts that model.
If they do, also make sure to ask what the exact conditions of the
insurance claim process are in the event of a burglary with that alarm
Not on the List of Insurance Approved Burglar Alarms?
Many home insurance companies are willing to give discounts on their policy rates to those homes protected by a system on their list of approved burglar alarms.
What if you already have an alarm installed that is not on your
insurance company’s approved list?
Remember that not all insurance
providers approve the same alarms.
It may be possible to find a company that will class your system as
eligible for a discount. In that case it would probably be more cost
effective to change insurance providers than change your alarm system.
Should you have a burglar alarm that is not on any insurance company approved list that is not in itself a problem.
main thing is that the system should do its job and protect your home.
If you are satisfied that it does just that, you can keep your existing
system and have home insurance, you just won’t qualify for the discount.
If you have doubts that your home alarm does not protect you then
you should change it for one that does and if you choose an insurance
approved one then so much the better.
Are DIY Burglar Alarms Approved by Insurance Companies?
If you are planning to install a Do-It-Yourself Alarm
you might want to keep in mind that some insurance companies are
hesitant to approve them, as they consider defective installation may
give rise to flaws in the way the alarm system works.
Since ready to install alarms are usually cheaper and an
installation fee is not necessary, you will see that insurance approved
burglar alarms are often the more expensive models.
Now, this doesn’t
mean that you need to spend $5,000 on a complex alarm system, but if you
want insurers approval you will probably have to go with a medium
priced system, rather than a cheaper one.
Home Security Articles
Insurance Approved Burglar Alarms.
Home Invasion Prevention.
Home invasion prevention involves hardening your home, being on your guard, not opening your door to strangers and being as sure as you can be about those that you allow into your home.