How much is a discount on home insurance for installing a security system?

January 8, 2024

I was told that installing a security system on my home could lower my home insurance premium. Is it true? How big a discount can I get?


The discount you can get for installing a home security system on your home varies from one insurer to another, ranging from 2% to 20% of your premium. Also, the discount can depend on how sophisticated your security system is. Among the well-known insurance companies that offer discounts for installing security systems on your home are Progressive, Allstate, Liberty Mutual, Farmers, and GEICO.

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Oleksandr Rohovnin is a Content Marketer at Phonexa.com and an expert contributor to CoverExplore. His passion is digital marketing, innovative technologies, tech industries, and – above all – distilling vast amounts of complex information into engrossing narratives anyone can relate to. At CoverExplore, Oleksandr stokes passion for auto insurance and the automotive industry in general in every story he curates.

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