Home Off Beat Home additions that can help you save on insurance costs

Home additions that can help you save on insurance costs

by DrPrem Jagyasi

It is beneficial to any homeowner to install safeguards to secure their home from intruders. You can also reap financial benefits from these safeguards because they help to lower insurance rates for your home. Calling on security camera experts will allow a homeowner to get guidance on the additions they should make to increase the safety of your residence. The following are a few different things you can do to save money and secure your home at the same time.

 Gated Fence Installation

Gated Fence Installation

Building a gated fence is a great way to add protection to your home while giving you more privacy also. The average cost of fence construction is about $600, which is cheap compared to money lost from home invasions and theft. The gated fence is one of the most effective home theft deterrents available and is an economic way to reduce the cost of your homeowners insurance. It may be necessary to purchase additional insurance to cover the fence in the event of a natural disaster or other catastrophes.

Home Security Alarm

disarming alarm system --- Image by © Royalty-Free/Corbis

The home security system is a highly effective yet seldom used option to thwart off burglars. According to recent studies, only 17 percent of homeowners have a security alarm which is very low if you take into consideration the number of home invasions each year. The average cost of installing an alarm system is about $800 which is nothing when you consider the average burglary costs the homeowner over $3,000 in damages. Your homeowners insurance will usually offer a 10 percent discount if you install a home security system which can really add up over a period of time. Before installing the system you should contact your insurance to determine which brand of alarms are eligible for the discount.

Guard Dog

Woman holding dollar bills

The most popular type of home security system is a guard dog. Studies have indicated that over 50 percent of households own at least one dog. A guard dog is the cheapest and most cost effective way to up the security of your home against burglars. The one drawback of a dog is that insurance claims can result if the animal bites a visitor. Be sure to check with your insurance agency to get a break down of what you should add to the home to reduce the insurance costs you have each month.

With a bit of hard work and dedication, you will have no problem finding the right security additions for your home.

Article Submitted By Community Writer