The total cost of a home security system for your Illinois home can be measured in three phases: purchase price, installation costs, and operating costs over time. Purchase price varies by provider, equipment package, and payment options. Vivint, for example, offers a consumer financing option that gives customers the ability to customize a state-of-the-art smart home security package for little to no upfront cost
Some lower-quality home security systems come with only basic door and window sensors that customers can easily install themselves. More high-end equipment packages—like the ones Vivint provides—come with a touchscreen control panel and the option to add outdoor home security cameras, all of which require professional installation. Professional installation services may cost up to $250.
The home security market offers many plug-and-play equipment packages that center around an audible alarm to deter intruders who trigger a door or window sensor. They do not offer professional monitoring, so there’s no monthly service contract involved. Monitored home security systems cost between $20 and $60 per month.
Home security offers more than just crime prevention. Protection from natural disasters, home appliance malfunctions, and medical emergencies should also be considered. In addition to providing more comprehensive protection, complete home security systems backed by professional monitoring services may also qualify customers for discounted homeowner’s insurance premiums of up to 20%.
Get more information about the cost of a home security system.