An increasing number of people are installing home security systems for protection and peace of mind. Experts estimate nearly 25% of all U.S. households with broadband internet have a professionally monitored home security system, and 2.5% more have a self-monitored system. Those numbers are rising due in part to cheaper equipment, greater availability of broadband internet, and more Do-It-Yourself installation options.
The basic goal of a home security system is to stop potential intruders, scaring them away before they do much damage or even get inside. Security devices can include sensors for when doors and windows are opened or broken, motions detectors, and cameras. Systems are typically controlled by a central hub or a smartphone app. Many rely on Wi-Fi or a wireless communications protocol like Z-Wave. Smaller homes may need only a few sensors, but larger homes can require much more extensive installations. Fire alarms, water-leak sensors, and automatic lights can also be part of a home security system.
Why go to the expense and hassle of installing a home security system?
First, it's clear that they can in fact deter crime. A study by the University of North Carolina – Charlotte found that burglars are much less likely to break into homes equipped with security systems, and many will flee if they discover one while committing the crime. About 83% said they would look for an alarm system before commencing a burglary, 60% said they would choose another target if they found an alarm system, 50% said they would definitely leave the premises if they discovered one during a burglary, and 31% said they would sometimes leave. Security systems can also make recordings and notify the police. Surveillance cameras even reduce crime in public places and help catch perpetrators.
A home security system also save money on homeowners insurance. Homeowners insurance companies often provide a 5% to 20% discount on premiums for customers who install a security system. In addition, camera footage can aid in filing a claim. Specifics vary from company to company, so ask your insurance agent for details.
Realistically, a home security system won't stop someone from breaking in if they really want to. Plus, there's no guarantee when the police will respond. Many police departments have more work than they can handle and have become somewhat inured to home security systems, which often generate false alarms.
Do You Need Professional Monitoring?
Still, a properly installed, correctly functioning security system can be well worth the money, both for protection and peace of mind. Professional monitoring can work not only for security but also health and safety. Most have wireless panic buttons that can also be used in the case of a heart attack or other medical issue that requires immediate attention. Professional monitoring becomes even more valuable if you are frequently away from home during the day.
On another note, a home security system is only worth it if it’s used on a daily basis. Experts report the vast majority of home security system customers use their systems on a sporadic basis, with as many as 90 to 95% of people not using their alarm system every day; many will stop using it altogether.
How to Choose a Home Security System
Installing a home security system is easier than ever, thanks to wireless technologies and smartphones. As a result, you have an unprecedented number of options for alarm and home automation. Important questions to ask yourself include: How do these alarm systems work? Which features are most important? What are the relative pros and cons of different types of components and systems? What’s a good price? There is no one-size-fits-all solution. Every system has advantages and trade-offs regarding design, cost, and level of service.
Is a Home Security System Worth the Money?
Whether a home security system is worth a substantial investment in equipment, installation and monitoring fees will come down to individual preferences and circumstances. What's the crime rate in your area? Do you generally feel safe in your home, or are you concerned about intruders? Do you have valuables that would be attractive to thieves? Do you live with children or other vulnerable people who could use extra protection?
U.S. News 360 Reviews researched popular home security systems. Below you will find links to their Best Home Security Companies of 2020.
- Frontpoint: Best overall system, balancing DIY installation with professional-quality components
- Vivint Smart Home: Best full-service home security and automation solution
- Abode: Best DIY solution that doesn’t require monthly fees
- SimpliSafe: Best for no-contract monitoring with unique extras
- Link Interactive: Best for flexible, Z-Wave-based home automation and no required upfront costs or contract
- ADT Security: Best for experience, dealer network and selection of equipment and services
- Brinks Home Security: Best for a large selection of sensors with home automation, along with a DIY option
- Protect America: Best for inexpensive landline monitoring
- Xfinity Home: Best for integration with home internet and cable TV
- Ring Alarm: Best for a low-cost, video-oriented security plan
- Scout Alarm: Best mobile app-based system with easy DIY installation
- Nest Secure: Best for no-contract monitoring with full home automation capability