Security systems protect individuals and their residences or businesses. Household security measures include many diverse strategies, from alarms that deter thieves to taking steps to prevent house fires. There are also cybersecurity systems that protect your data and home systems from hackers with a virtual security guard.
Businesses need security systems to prevent theft and protect consumer data. While most people are familiar with the security threats businesses face, they may not be aware of residential property risks.
Whether you live in a rental property or are a homeowner, there are many reasons you need an excellent security system in place. Continue reading to learn more about why you should invest in residential security systems.
You can prevent financial hardships
Every year, millions of renters and homeowners in the United States are affected by security issues. The Federal Bureau of Investigation (FBI) reported over 6.9 million property crimes in the United States in 2019, accounting for over $15 billion in losses. That figure doesn’t include financial losses from arsons.
Whether you’re looking for security for your primary residence or a rental property, you’ve likely had to secure a mortgage to purchase the property in the first place. Finding the best primary residence mortgage or best investment home loan begins with reviewing loan terms from reputable lenders. Lenders will review your credit score and down payment amount to determine what type of loan you qualify for.
While you may be eligible for a conventional loan if you’re buying a house that will serve as your primary residence, you may have a higher interest rate if you’re pursuing an investment property loan. Your interest rate will have a direct impact on your monthly mortgage payments, affecting your profits from rental income if you’re a landlord.
Protecting residential property protects your primary residence or investment property. You’ll need homeowners insurance to ensure you can replace your home’s structure in the event of a fire. You’ll also need contents insurance to protect your possessions.
A security system can prevent financial issues from property loss by deterring thieves and alerting you to potential issues immediately. You’ll also financially benefit because you can save money on your insurance costs if you maintain a security system.
Your security system can provide detailed information to law enforcement agencies
According to Vivint Doorbell Camera, residential security systems are comprised of several cameras that may be positioned inside and outside your home. The visual images captured by these video cameras can be used by law enforcement in the event of criminal activity. For example, a license plate reader camera can obtain high-resolution images of license plates.
Law enforcement professionals can identify vehicles by monitoring your house before criminal activity occurred from images of license plate numbers obtained by a license plate recognition camera. The visual images can strengthen criminal cases by providing precise information about the date and time a suspect’s vehicle was outside your home. License plate cameras are also a powerful tool for people who are being stalked or have restraining orders against former partners or others who have threatened or assaulted them.
You can check on your property from any location
Home security systems connect to smartphones, ensuring instant access to security video. Home security systems do more than make noise when someone enters your house without punching in a security code. They provide live feeds, ensuring you can check on your property in real time, even if you’re far away from your apartment building or house.
Security systems can also be programmed to call emergency services, including the fire department or police department. You don’t have to worry if you’ve gone out for dinner or are spending the weekend out of town when you can log in to your security system to ensure your property is safe.
Some security systems also have audio capabilities, enabling you to talk to people outside your property. You can make them aware they’re being monitored, effectively dissuading burglars or arsonists from engaging in criminal activity.
Property is a significant financial investment. You can protect yourself from financial hardships by installing effective security systems at your primary residence and rental properties. You’ll also be able to check your property from any location through online feeds and gather critical data to help law enforcement officials identify suspects if your property is robbed or vandalized.