Property crime is predominant among all forms of crime in the United States. According to the Pew Research Center, the FBI reported a total of 2,109.9 property crimes per 100,000 people in 2019, while violent crime rates were at 379.4 per 100,000 people . Other Western countries are seeing similarly high crime levels, and as a result, more and more people are looking at home security systems as a means of protecting their possessions and their loved-ones. Luckily, there are more home security solutions than ever before, and if you haven’t researched the options in awhile, the results may seriously surprise you!
In 2019, the most common type of property crime was larceny/theft – 1,549.5 cases per 100,000 people. Larceny/theft was followed by burglary – 340.5 cases per 100,000 people – and motor vehicle theft – 219.9 cases per 100,000 people.
Although the property crime rate fell a whopping 55% between 1993 and 2019, it remains a big problem for Americans even today.
According to the FBI, the average dollar loss per burglary offense in 2019 was $2,661  – quite a considerable sum. This is no pocket change for the vast majority of Americans. The total property losses due to burglary in 2019 were estimated at $3.0 billion.
The U.S. statistics are the easiest to come by, but other countries such as Canada, Australia, and South Africa are seeing similarly troubling crime trends.
Fortunately, home security systems could help you reduce the likelihood of burglary and protect your hard-earned property. How? Read on to find out!
Benefits Of Home Security Systems
We would like to introduce you to two benefits of home security systems. One of them is quite obvious since it’s why you would want to install a home security system in the first place. As for the second one, it might come as a surprise for many of you!
Reduced likelihood of burglary
Needless to say, the very reason to invest in a home security system is to reduce the chance of burglary. And interestingly, obvious signs of a home security system in your property may discourage the burglar from entering your property altogether.
According to a study by UNC Charlotte, the majority of burglars consider the presence of alarms, outdoor cameras, and other surveillance equipment when choosing a target . 60% of burglars – especially those who would deliberately plan a burglary – stated that an alarm system would cause them to switch targets.
And after initiating a burglary, half of the burglars that stumbled on an alarm in the property would discontinue the attempt.
Lower home insurance premiums
And the second benefit of home security systems is lower home insurance premiums. To many of you, this may be big news.
The presence of a monitored alarm system on your property may decrease homeowners insurance premiums by as much as 20% . Average annual home insurance premiums range from $499 to $4,445  – depending on the state – so discounts could be a great way to save money on home insurance.
How Do Home Security Systems Work? Components Of Home Security Systems
Home security systems incorporate a wide range of components to make your property more secure. To help you better understand home security systems, here’s a brief overview of their key parts .
- Motion sensors. These may be used to trigger alarms, activate cameras, turn on indoor lights, or more. Aside from letting you know of an intruder, motion sensors may scare off some burglars after they enter your property.
- Security cameras. Modern security cameras can send their feed straight to your smartphone, allowing you to watch your home remotely. And again, they can scare away burglars.
- Glass break detectors. According to the UNC Charlotte report referenced earlier , most burglars force windows or doors open or enter through open doors or windows. Glass break detectors may help you detect some of these attempts.
- Door and window sensors. Door and window sensors trigger a text alert or alarm when opened. They can supplement glass break detectors.
- Yard signs and window stickers. By warning others of the presence of a home security system, yard signs and window stickers may deter many burglars from attempting a burglary. Stickers and signs require minimal investment but can be very effective.
You don’t necessarily need to install all these components on your property. But the more tools and sensors you have, the more secure your home will be.
How Much Do Home Security Systems Cost?
Upfront installation costs of home security systems tend to be from $100 to $250, whereas recurring monthly costs range from $15 to $35 , though some providers offer discounts. Considering that home security systems could prevent thousands of dollars of losses, their costs are well worth it.
However, there is a huge variety of home security systems available out there, so you will need to choose a provider of equipment carefully. Research your options, try to understand what you need, and make a decision accordingly. All the info you need is available online, fortunately.
In fact, the variety of options now available may shock you!
“What the data says (and doesn’t say) about crime in the United States”, Pew Research Center, https://www.pewresearch.org/fact-tank/2020/11/20/facts-about-crime-in-the-u-s/.
“2019 Crime in the United States – Burglary”, Federal Bureau of Investigation, https://ucr.fbi.gov/crime-in-the-u.s/2019/crime-in-the-u.s.-2019/topic-pages/burglary.
“Understanding Decisions to Burglarize from the Offender’s Perspective”, UNC Charlotte, https://airef.org/wp-content/uploads/2018/10/BurglarSurveyStudyFinalReport.pdf.
“Insurance Discounts for Using Alarm Systems to Protect Your Home”, Safety.com, https://www.safety.com/insurance-discounts-for-using-alarm-systems-to-protect-your-home/.
“How much does homeowners insurance cost?”, Bankrate, https://www.bankrate.com/insurance/homeowners-insurance/homeowners-insurance-cost/.
“What Are Common Components of a Security System?”, SafeWise, https://www.safewise.com/home-security-faq/security-system-components/.
“How Much Does A Home Security System Cost?”, Safety.com, https://www.safety.com/home-security-cost/.