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#abq4ward: Home security can be expensive

Danielle Todesco
August 31, 2017 10:30 PM

ALBUQUERQUE, N.M. -- Nobody wants to come home to a wide open front door and a ransacked house. However, the cost of protecting yourself and your stuff is mounting.

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It's all about layers of protection.

Let's start with a good security door. You can buy a cheap one from the big box stores that can easily be pried off for as little as $90. If you want real protection, a custom iron door that attaches to the studs of your home runs over $1,000.

Then there are alarm systems. ADT and Xfinity both cost just under $30 a month. That's just basic alarm service that will call if security is breached. The cost for a full year of your alarm system totals up to about $360 a year.

How about adding surveillance cameras to your home? The price range is all over the place depending on how many cameras you decide to install and what type of streaming service you choose. The most basic will cost you about $124. On the high end, you're looking at about $1,200 with $1,000 for installation.

People all over the metro are even going a step further. Some are paying for private security to not only patrol around their home but for the promise of a quick response in case of an emergency. International Protective Services says they can react within two to eight minutes of your call. But that $5 a day adds up. The $150 a month becomes up to $1,800 a year.

With all those layers of protection, we're already at more than $5,000 just for a year of securing your home.

However, telling your insurance company about the safety measures you've taken could lead to discounts on premiums. One agent said you can save 3 to 5 percent on your home insurance premiums by contracting with a security company.

Experts also say living in a gated community can mean a 3 percent discount, but some insurance companies may require the gate be staffed with a guard.

Credits

Danielle Todesco

Copyright 2017 KOB-TV LLC, a Hubbard Broadcasting Company. All rights reserved

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