One of the first things that people try to do before making a big purchase is figure out why the price is what it is. We definitely understand that there are savvy consumers out there, and we wanted to give you a few tips on why security systems are priced the way that they are. Hopefully it will help you make an informed decision as to what kind of security system that you want for your home, and maybe save you some money along the way
There is the up-front cost of the equipment. This includes all of the hardware that will be installed in your home. This is priced similarly to cellphones/ cell phone contracts in that usually this equipment is priced based on the contract that you sign with the company. The longer the contract, the less expensive the equipment is. Another effect on the up-front cost will be the amount of equpiment that you purchase. If your home is larger or you want to purchase more sensors, then you could get a break simply because of the volume.
The monthly monitoring cost is the other big determinant of the price of the home security system. In some cases, the longer you sign up for, the less the monthly monitoringfee might be.
Obviously there are also “extras” when it comes to home security systems now. A few things that could add to your up-front cost or your monthly monitoring fee could be home automation equipment, security cameras, or other “non-traditional” security features. The thing is, many of these things can make your lives easier and are worth the small extra charge.
In general, security system pricing is easy to understand. There are 3 components: equipment, monthly monitoring fee and the extras. Depending on what you are looking for, look to adjust one of these three categories in order to save some money. Make sure to look around read the reviews we offer. Some security system companies have promotions or offer a free installation or equipment. On others, some of the extras are considered standard. It’s up to you to figure out what you’re looking for in a security system and go from there!