In the past, a typical home security system required extensive installation and costly equipment. It also came with 24/7 professional monitoring that could quickly alert law enforcement in case of a break-in. Today, home security systems are more affordable since not all systems include the once-common feature of professional monitoring. But if you’re looking for a better way to keep your property and valuables safe, there are now affordable monitored home security systems available.
In this page, we’ll explain how monitored security systems work as well as their pros and cons compared to other types of security systems.
What Is a Monitored Home Security System?
A monitored home security system allows both the homeowner and professionals to oversee alerts and motion that the system and cameras capture. Additionally, these systems can detect other emergencies like fires and, in certain instances, carbon monoxide leaks or floods.
In the past, monitored systems came as a package deal. When you purchased professional installation of cameras and motion sensors, the system included a subscription to their monitoring service. Now, you have more options. You can purchase bundled deals or choose individual components that better suit your needs and budget.
With a monitored system, you can choose between wired and wireless. While homeowners can easily install wireless systems, wired systems are more involved. This means you might want to hire a pro to assist.
Most monitored systems are wired systems. Wired security systems directly connect to your home’s electricity and internet through physical wiring. Rather than relying on Wi-Fi or radio frequencies, these cameras and sensors have a direct connection to ensure uninterrupted system operation, even during Wi-Fi outages. Many systems offer battery backups in the case of a power outage as well. However, installation is a harder process because these systems are wired. You’ll likely have to pay a professional to install the equipment, which may include drilling into walls and flooring to access connections and hide wires. It’s a much different process than simply mounting a battery-operated Wi-Fi camera with adhesive.
Pros and Cons of a Monitored Security System
There are pros and cons to any system, and monitored security systems are no different. Here’s a look at the most common considerations.
Pros:
- Professional monitoring is safer. A team is watching your home for you, and you’re paying for that protection.
- Peace of mind. Professionals install and monitor these systems. This is great if you’re concerned about keeping an eye on things yourself.
- Comprehensive. Monitored systems are much more comprehensive and take safety seriously, keeping tabs on everything from break-ins to floods and fires.
Cons:
- More expensive hardware. These systems are more comprehensive and professional compared to wireless cameras.
- Subscription fees required. Monitored systems require a monthly fee for the service, and many lock you into annual contracts.
- Harder to install. Most monitored systems are wired systems, meaning they require a professional for installation.
How Much Does a Monitored Home Security System Cost?
On average, a monitored home security system costs around $1,200 for the first year. This cost is for the hardware itself, professional installation, and a subscription fee for continuous monitoring.
All told, you’ll likely pay between $200 and $400 in the equipment itself, up to $200 for installation, and between $15 and $50 a month for the professional monitoring. So up to $600 to get started and as much as $600 a year to maintain.
What Affects the Cost of the System?
For a more comprehensive security system, the equipment costs can range from $1,500 to $2,500 or even higher. The size of your home and property influence the expenses. If you have a large property with a garage, barn, shed, or guest house, for example, the equipment costs increase accordingly. The amount of equipment determines the increase in monitoring and installation costs.
Popular Monitored System Options
Homeowners can choose between many types of home security systems, and what’s best for one may not suit everyone. Here’s a quick breakdown of some of the most popular wired systems and how they work.
Is a Monitored Security System Right For Me?
Choosing between systems can be tricky.
If you’re home most of the time, you can likely monitor your own alerts. If you’re someone who travels frequently or has a second home part of the year, a monitored system can give you peace of mind. You know you aren’t the only one keeping an eye on your belongings. Monitored systems are especially great given that they also detect fires and, in some cases, floods and carbon monoxide leaks. In other words, you aren’t just protecting your property from crime but also from the elements.
A fully monitored system is ideal for families with busy schedules who need help watching their systems. It’s also great for those who aren’t super tech savvy. If you have concerns about the technical aspects of a security system, knowing that someone else is handling those tasks provides peace of mind for your safety.
Monitored systems are ideal for frequent travelers who want to avoid their homes becoming targets for potential burglars. They are beneficial if you vacation to another part of the country for months out of the year. Having remote monitoring for your summer or winter home while you’re away is a good way to stay informed about the state of your property from a distance.
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