Wasim Bux is from home insurance provider iGO4. Here, he discusses how installing a smart home security system can lower your home insurance premiums and give you greater peace of mind.
Our houses are our pride and joy, and it’s where we keep all of our most treasured possessions and gadgets. But, with a recent increase of 2% for burglary offences recorded by the UK police (Office for National Statistics), it’s clear that we need to be taking precautions to protect ourselves and our homes at all costs.
While well-known tricks like leaving lights on when you’re out can be helpful, it might be time to start thinking bigger: a smart home security system is often your best bet when it comes to keeping opportunistic burglars and thieves out. Not only will this give you peace of mind, but installing these extra security measures could even lower the cost of your home insurance premiums, too. Here, I’ll be sharing the top reasons why you should consider investing in the latest security technology to protect your house, family and possessions.
It can record events and provide evidence
A smart home security system is comprised of a set of internet-connected security tools and equipment which can send data about movement and trespassing to your smartphone via an app. This system can monitor both what goes on inside your home, as well as the outside. To do this, the smart tools commonly have recording devices on them, whether that be a camera or microphone, so your home can proactively record everything going on in the perimeter of your home, as well as providing you with solid evidence to give to the police should you be burgled.
Smart home devices such as video doorbells and wireless security cameras can ensure you know who is on your property before you open the door and will lessen the chances of you opening up an opportunity for a burglar to enter your home. Surveillance cameras are great for keeping an eye on any gates or walls which burglars may be using to sneak closer to your home. They will also be able to monitor sheds and outhouses where you may store valuable tools.
You can check in on your property from any location
With many smart home security gadgets linking to your smartphone, it’s possible for you to connect and watch live footage from almost anywhere. Not only will this give you greater peace of mind when you go away, but it can also give you an opportunity to ward away any potential thieves from your home. Many smartphone security cameras have the option to remotely set off an alarm on these gadgets to scare trespassers away and draw neighbours’ attention to your home.
Plus, as some of these recordings can be sent to your phone even if you don’t have an internet connection, there’s the major advantage that you will be able to monitor your home from any location.
It can lower home insurance premiums
Typically your home insurance will be made up of two parts: buildings insurance and contents insurance. The former covers any damage to the structure of your property, as well as the replacement cost of pipes, garages and fences, while contents insurance covers household personal possessions and furnishings.
In some cases, installing a smart home security system can mean insurers will give you a discount on your insurance. The additional layer of protection surrounding your home and its contents, along with the reduced opportunity for break-ins or damage to your property may appeal to insurers. This is because they may see your property as less of a risk, and not claiming on your insurance can lower it over time. Some policies may come with a security clause that require you to have an alarm system, so we recommend you read this for additional information.
It can increase the value of your home
We all want to get a good deal when we end up selling our homes, and smart home security can help you on your way with that. It’s suggested that adding this extra protective layer to your home can make it more appealing to potential buyers as there is likely to be less chance of burglary and theft if the criminals are made aware that there are measures being taken to monitor them. For this reason, I recommend investing in equipment such as motion sensors as well as cameras which may be a little harder to spot, as well as signage to let people know they’re being recorded.
Although some smart home security may seem expensive, with an increase in interest for these protective measures, there are now more affordable models coming out. So, everybody can guard their homes and families, whether they’re in or not.
As you can see, there are a whole host of benefits that come from installing smart home security. And, with plenty of new security products coming into the market all the time, you can protect your home and family with these latest technologies while potentially lowering your insurance premiums.