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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