Self-monitoring service
If you wish to avoid paying for professional monitoring altogether, then opt for self-monitoring. However, while this is the best way to save on costs, this move implies less security. Without the round-the clock monitoring provided by the operators, it’s entirely up to you to supervise the alarm systems. Fortunately, the current generation of alarms and IP cameras are capable of sending push notifications via a smartphone app, making it possible to keep an eye on your home while at work or on vacation.
On the downside, not every home security company allows self-monitoring, and even if it’s an option you must always compensate this by paying more for the alarm package. You see, by agreeing to the contract the equipment is provided for free. Plus, there is also the biggest issue with self-monitoring, which is to say that missing just one alert on your smartphone can have catastrophic consequences.
No contract monitoring services
There is some level of flexibility when it comes to monitoring plans. Home security companies usually offer quarterly, semi-annual or annual contracts, and if you decide not to sign one of these then the service agreement is renewed on a monthly basis. Doing so offers a higher level of freedom since it can be cancelled it anytime. In the contrary, the monitoring fee of a longer plan must be paid in advance, and if you opt out of an annual plan after a few months then only a small fragment of your money will be returned.
Still, signing a long-term contract is not without benefits. Generally speaking, the longer the plan, the lower the monthly fee is. Companies often charge double the amount more than if you preferred to avoid the long-term contract and go for a month-by-month plan, not to mention that perks such as free shipping is typically only available if you choose the longer plans.
Recommendations
Every home security provider has their own stance on monitoring. Some offer self-monitoring, while others give the option to skip the contract. The following three options are attractive options for homeowners who wish to save some money.
Standalone security monitoring services
Bear in mind that you don’t actually need to accept the monitoring service from the same home security company that you purchase the equipment from. There are other sources, like AlarmRelay, who offers the same level of supervision but for a more affordable price. In short, the alarms are bought separately and then connected to the monitoring service offered by the company (or any other with a similar business model).
Standalone security monitoring is a great way to save on your expenses. The monthly fee they offer is a fragment of what other big-name companies might charge. Additionally, AlarmRelay operators are also able and willing to respond to non-security issues as well, such as fire, CO leaking or a medical emergency.
Lowering monitoring services costs
Tamás Ő.
Adam B.
