Smart home security systems are becoming increasingly popular as people become more aware of the dangers that lurk in the world. While these systems offer a number of advantages, they also come with a few disadvantages and a higher price tag than traditional security systems. In this blog post, we will take a look at both the pros and cons of smart home security systems so that you can make an informed decision about whether or not they are right for you.
What are smart home security systems and what do they include?
Smart home security systems are a type of home security system that uses various technologies to protect your home.
They can include features like motion sensors, door and window sensors, security cameras, and more. Some systems even allow you to control them via your smartphone or other mobile devices.
Most smart home security systems work with voice assistants like Alexa and Google Assistant. You should be able to connect your home security system to other gadgets, such as smart lights, as well. Check with your smart security company for these features.
How much do they cost and are there any discounts available?
Smart home security systems usually cost more than traditional security systems. When buying a smart home security system, you will typically need to consider these costs: equipment, monitoring service, cloud storage, professional installation, maintenance, permits, and maybe even activation and cancellation fees.
Equipment
The cost of security cameras varies considerably, from $20 to $400 for a single camera. The cost of a complete set of equipment ranges from $60 (Wyze) to $899.99 (Swann). SimpliSafe charges $559 and ADT charges $773 for their systems.
Most security firms now provide both plans, a basic system, and optional add-on equipment. You have the option of a less expensive security system with just a few sensors.
In addition, you can have everything from smoke alarms to carbon monoxide detectors included in your security system, if you choose.
Systems that include home automation features, such as the ability to remotely control your thermostat, lighting, and other appliances, will likely cost more than those without these features.
Monitoring
While most smart security systems provide self-monitoring, some require continuous professional monitoring for a monthly or yearly fee.
For example, SimpliSafe charges $14.99 per month for its no-contract monitoring service. The monthly fee for ADT is $28.99, whereas Frontpoint’s service costs up to $49.99 each month.
However, there are a number of discounts available that can help offset the cost. Some insurance companies offer discounts for homes with security systems, and many manufacturers offer coupons and rebates as well.
Cloud Storage & Backup
Not all cameras provide cloud storage. Local storage is available on some models, which is perfect for people who don’t want to spend money on cloud storage.
Companies offer either free cloud storage or cloud storage as part of a bundle that includes professional monitoring. Ask your security company for the cost before your purchase.
Many professionally monitored home security systems also include cellular or landline backup in case your internet goes down. This is an important feature to have if you live in an area with bad weather or a lot of power outages.
Professional Installation
If you choose to have your smart home security system installed by professionals, you will need to factor in the cost of installation.
For example, ADT charges $99 for professional installation, while Frontpoint charges $199. However, the majority of companies provide free, do-it-yourself installation.
You may be able to get a discount on installation if you purchase your system from the company that will be installing it.
Maintenance
Once your system is installed, you will need to maintain it. Smart home security systems typically have a warranty for the equipment, but not for the labor to maintain it.
If something goes wrong with your system, you will need to pay for the repairs. Some companies offer extended warranties that cover labor costs, but these typically cost extra.
Purchasing a smart home security system is an investment. You will need to factor in the initial cost of the equipment and installation, as well as the cost of monthly monitoring and maintenance.
Permits
You may need a permit for your home security system. In some cases, you may need multiple permits for a single system.
For example, if you live in an apartment and want to install a security system, you will need to get a permit from your building.
If you live in a house, you may need a permit for the installation of the system as well as any exterior cameras. Check with your city or county to see if a permit is required and expect to pay a fee of $50 to $200.
Activation and Cancellation Fees
Some companies charge an activation fee when you start using their service. Others charge a cancellation fee if you cancel before the end of your contract.
You may have to pay the remainder of your billing cycle. Also, ask if you need to pay any fees for modifying your contract.
Make sure you read the cancellation policy thoroughly before signing up so you don’t get trapped into an unwanted long-term contract.
The pros of having a smart home security system
One of the biggest advantages of smart home security systems is that they can help deter burglars. If a burglar sees that your home has a security system, they are less likely to target it.
Smart home security systems can also help to catch burglars in the act. With features like motion sensors and security cameras, you can rest assured that your home is well protected.
Another advantage of these systems is that they provide you with peace of mind when you are away from home. With features like remote access and automatic alerts, you always stay informed about what is going on at your home.
They make it easier to keep an eye on things when you are not there. For example, if you have a baby or pet, you can use a security camera to check on them while you are away.
The cons of having a smart home security system
Smart home security systems can be expensive, and they require a certain level of technical knowledge to install and use.
Additionally, if your system is not used properly, it could leave your home vulnerable to burglars. For example, if you forget to set the alarm, a burglar could slip into your home without being noticed.
Smart home security systems can also be unreliable. If there is a power outage or your Internet connection goes down, your system may not work properly. Additionally, if you lose your smartphone or other mobile devices, you may not be able to access your system.
Smart home security systems can be a great way to protect your home and family. However, they are not right for everyone. Before making a decision, weigh the pros and cons of these systems to see if they are right for you.
Can Your Home Security System Be Hacked?
It’s important to note that any type of home security system can be hacked. Smart home security systems are no exception.
While these systems offer a number of advantages, it’s important to be aware of the potential risks before you make a decision.
If you have any concerns, be sure to speak with your security company or a qualified professional to get more information.
Which type of system is best for you and your family?
There is no one-size-fits-all answer to this question. The best type of system for you will depend on your specific needs and budget.
If you are concerned about burglars, a smart home security system with features like motion sensors and security cameras may be a good option for you. However, if you are on a tight budget, a traditional security system may be a better choice.
When it comes to choosing a smart home security system, it’s important to do your research and compare different products before making a decision. There are a number of factors to consider, such as cost, features, and ease of use.
Another very important factor that you should consider is your Smart Home Platform.
There are 4 main platforms: Google, Amazon, Apple, and Samsung. Whatever smart home security system you will go with, make sure it is compatible with your smart home platform of choice.
How to install a smart home security system in your own home?
Most systems are relatively easy to install, but it’s always a good idea to read the instructions carefully before getting started. If you don’t want to install the system by yourself, you can always hire a professional to do it for you.
Are there any tax breaks or other incentives available for those who purchase a smart home security system?
The answer is no unless you use your house as a primary, constant workplace.
And even if you work from home, the IRS has certain regulations that must be followed.
Who is responsible for monitoring and servicing these systems?
Most smart home security systems will need to be monitored and serviced by the homeowner on a regular basis. However, some companies offer monitoring and servicing as part of their package, it’ll come with a price of course.
Be sure to check with your chosen company to see what is included in their service agreement.
How often do they need to be checked/updated/monitored?
Most smart home security systems will need to be checked on a regular basis. However, the frequency of these checks will vary depending on the type of system you have.
Be sure to check with your chosen company to see how often they recommend checking your system. If you opt for a reputable company, their system shouldn’t need too much maintenance and repair.
Can you cancel or modify your contract at any time? What if you move away?
If you want to cancel or modify your contract, you’ll likely have to pay a fee.
Some smart home security systems require professional removal, which can add to the overall cost. There may also be fees associated with moving your system to a new home.
Be sure to read the fine print, especially the cancellation policy before signing a contract for a Smart Home Security System.
