Installing CCTV is one of the most effective ways to improve the security of your home. Beyond providing peace of mind, it can also save you money on your home insurance. Many insurers recognise the value of CCTV in reducing risk and are willing to offer lower premiums to homeowners who use it.
Here’s how CCTV can help with your insurance costs and what you should know before relying on it.
Why Insurers Value CCTV
Insurance premiums are based on risk. The lower the risk of a claim, the lower your premium is likely to be. CCTV acts as both a deterrent to burglars and a tool for providing evidence if an incident occurs. This means insurers see properties with CCTV as being better protected and therefore less risky to insure.
Evidence in Case of a Claim
If your home is broken into, CCTV footage can be invaluable. It provides clear evidence of the incident, which can support your claim and speed up the process. Insurers are more likely to view claims positively when supported by recorded proof, especially in cases of theft or vandalism.
Discounts and Savings
Not all insurers automatically offer a discount for having CCTV, but many will take it into account when calculating your premium. Some providers may require CCTV to meet certain standards, such as being professionally installed or monitored. It is always worth asking your insurer whether installing CCTV could reduce your costs.
Additional Benefits Beyond Premiums
Even if the savings are small, the value of CCTV extends beyond your insurance policy. Knowing your home is monitored can give you confidence when you are away, and CCTV footage can help police investigations if an incident occurs. This makes it a worthwhile investment, even without a significant premium reduction.
CCTV can be a cost-effective way to both protect your home and potentially reduce your insurance costs. While discounts vary between insurers, the added security and evidence provided by a well-installed system make CCTV a valuable addition to any home.
For advice on the right CCTV system to protect your property, A&M UK Security can help you choose and install a solution that meets your needs.
