Home Security and the Rising Cost of Home Owner’s Insurance
January 20, 2012
Investing in a home security system is one of the best ways to protect your home and family. LifeShield’s wireless technology provides four layers of backup protection so you are secure no matter what. While adding an alarm system to your home’s security is beneficial to your safety, did you know it can also reduce your home owner’s insurance? A recent article in USA Today demonstrates why investing in a LifeShield security system may be more beneficial than you think.
“Homeowners insurance premiums are starting to rise after tornadoes, hail, winds and lightning slammed U.S. insurance companies’ balance sheets throughout 2011. Storms along the East Coast, tornadoes in the Southeast and in Joplin, Mo., and earthquakes in Japan and New Zealand wreaked havoc on insurance company finances, especially firms that might have too many policyholders in certain geographic areas, says Bob Skow, CEO of the Independent Insurance Agents of Iowa.”
Rates Are On the Rise
“In 2008, the average annual cost of homeowners insurance was $791, according to the Insurance Information Institute. Average premiums rose slightly to $799 in 2009 and $807 in 2010. Hartwig predicts that 2011′s average premium will be about $840. Insurers are charging more to cover higher loss projections and the rising cost of reinsurance — insurance on their insurance.
How Can Home Security Help?
A LifeShield security system does more than protect your home against burglary. We offer families and homeowners complete home protection with fire, flood, and carbon monoxide monitoring. LifeShield’s patented siren detector works with your existing smoke detectors to provide protection at no extra cost. Not only does this save you money, but many insurance companies will offer discounts up to 20% for your added protection.
A recent LifeShield customer review explains how easy the wireless DIY system is to set up. In just a few hours you can have complete home security and protect yourself from rising insurance rates.
LifeShield™ Security is the first national, professional grade and professionally monitored wireless security system that uses an easy to set-up install and protect process, providing superior home protection and the best value in total home security. For more on LifeShield Security, visit www.lifeshield.com.
