3 Financial Benefits of Having a Home Security System

Published April 21st, 2017 | By

A home security system will require paying for upfront costs. And while those costs vary—depending on which package option you choose with ADT monitoring (Basic package: $36.99/mo.; Basic Wireless package $48.99/mo.; ADT Pulse package $52.99/mo.; ADT Pulse + Video package $58.99/mo.), there are numerous financial benefits of having a home security system in your home. Consider it an investment that also provides constant security monitoring to help protect your home and loved ones. It’s beneficial no matter what perspective you look at.

So now, you may be questioning how exactly will a home security system provide financial benefits. Here’s three different ways that’ll put money back into your pocket:


1. It Reduces Homeowner’s Insurance

Having homeowner’s insurance isn’t necessary to have; however, some mortgage lenders do require it to help protect their investment. Regardless, homeowners should know the importance of having homeowner’s insurance, since it protects against a variety of unforeseen circumstances—such as fires, floods, personal property damage, structural repairs, etc.

For example, according to the U.S. Fire Administration, a small flame can turn into a devastating fire within 30 seconds— which then costs an average of $4,000 in property damage. And that amount is simply the average: it can easily be more— leaving a household in financial hardship.

Having a home monitoring system not only helps protect against fires and floods, but it can directly impact insurance premiums. Whatever your homeowner’s insurance premium may be, it’s still an additional household expense— and bills certainly do pile up. A home security system often reduces home insurance costs by up to 20 percent. It’s definitely worth investigating.


2. May Be Tax Deductible

First of all, you’ll want to speak with your accountant on this specific matter, but generally speaking, home monitoring systems can be tax deductible for home businesses. Be aware that there is specific criteria in claiming a home business (the IRS takes this particular claim seriously). But if you do work or run a business from home, you can claim that specific work area (which is protected by the home monitoring system) as a business expense.

To claim a home business you have to meet certain requirements, which you can find more about on the IRS Home Deduction page. Deduction requirements essentially include:

  • Regular and exclusive use. Meaning you have a designated area that is used solely for business purposes. You’ll have to measure the dimensions of this space and use it to base your home business claim. The larger the space, the larger the deduction.
  • Principle place for business. This means that your home is the main place of business, where you conduct your business either full-time or substantially.


3. Increases Home Values

Home investments are a beautiful thing—particularly if they can increase the value of a home. When looking to sell a property, potential buyers are aware of home upgrades: anywhere from kitchen appliances, flooring, etc. A home monitoring system is no exception; it is another selling factor that can encourage a potential buyer to make an offer at a good asking price.

* $100 Visa Gift Card fulfilled by Protect Your Home through third-party provider, Mpell, upon installation of a security system. Shipping and Handling Fee applies. ADT Pulse Interactive Solutions Services, which help you manage your home environment and family lifestyle, requires the purchase and/or activation of an ADT alarm system with monitored burglary service and a compatible computer, cell phone or PDA with Internet and email access. These ADT Pulse Interactive Solutions Services do not cover the operation or maintenance of any household equipment/systems that are connected to the ADT Pulse Interactive Solutions Services/Equipment. All ADT Pulse Interactive Solutions Services are not available with the various levels of ADT Pulse Interactive Solutions Services. All ADT Pulse Interactive Solutions Services may not be available in all geographic areas. You may be required to pay additional charges to purchase equipment required to utilize the ADT Pulse Interactive Solutions Services features you desire. Installation starts at $199. Burglary, Fire, Carbon Monoxide and Medical Alert monitoring requires purchase and/or activation of an ADT security system with monitored Burglary, Fire, Carbon Monoxide and Medical Alert devices. Fire, Carbon Monoxide and Medical Alert services are an additional charge. Quality Service Plan (QSP) is ADT's Extended Limited Warranty. 36-month monitoring contract required from $51.99 per month, ($1,871.64), including Quality Service Plan (QSP). Additional charges may apply in areas that require guard response service for municipal alarm verification. Prices subject to change. Prices may vary by market. Some insurance companies offer discounts on Homeowner's Insurance. Please consult your insurance company. Local permit fees may be required. Satisfactory credit history required. Additional monitoring fees required for some services. Photos are for illustrative purposes only and may not reflect the exact product/service actually provided. $99 Customer Installation Charge. 36-Month Monitoring Agreement required at $36.99 per month (1,331.64), 24-Month Monitoring Agreement required at $36.99 ($887.76) for California, including Quality Service Plan (QSP). Form of payment must be by credit card of electronic charge to your checking or savings account. Offer applies to homeowners only. Local permit fees may be required. Satisfactory credit history required. Certain restrictions may apply. Offer valid for new ADT Authorized Premier Provider customers only and not on purchases from ADT LLC. Other rate plans available. Cannot be combined with any other offer. Licenses: AL-17-1104, AZ-ROC217517, AR-2008-0014, CA-ACO6320, CT-ELC.0193944-L5, DE-07-212, FL-EC13003427, DC-602513000006, GA-LVA205395, ID-ELE-SC-39312, IL- 127.001042, IN-City of Indianapolis: LAC-000156, IA-AC-0036, KY-City of Louisville: 483, LA-F1082, LA-F1914, LA-F1915, ME-LM50017382, MD-107-1626, MA-1355C, MI- 3601205773, MN-TS01807, MS-15007958, MO-City of St. Louis: CC354, St. Louis County: 84959, MT-247, NE-14451, NV-68518, City of Las Vegas: 3000002944, NJ-34BF00021800, NM- 353366, NY-Licensed by the N.Y.S. Dept. of State UID#12000317691, #12000286451, NC-1622- CSA, OH-53891446, City of Cincinnati: AC86, OK-1048, OR-170997, Pennsylvania Home Improvement Contractor Registration Number: PA022999, RI-3582, SC-BAC5630, SD-1025- 7001-ET, TN-1520, TX-B13734, ACR-3492, UT-6422596-6501, VT-ES-2382, VA-115120, WA- 602588694/PROTEYH934RS, WV-042433, WI-City of Milwaukee: PAS-0002790, WY-LV-G- 21499. 3750 Priority Way South Dr. Suite 200 Indianapolis, IN 46240