{"id":15484,"date":"2026-06-18T05:01:00","date_gmt":"2026-06-18T05:01:00","guid":{"rendered":"https:\/\/youset.ca\/?p=15484"},"modified":"2026-04-27T19:56:37","modified_gmt":"2026-04-27T19:56:37","slug":"home-security-systems-insurance-discount","status":"publish","type":"post","link":"https:\/\/youset.ca\/en\/blog\/home-security-systems-insurance-discount\/","title":{"rendered":"Do Home Security Systems Get You a Discount on Insurance?"},"content":{"rendered":"\n

If you own a home in Canada, installing a home security system can do more than just protect your space; it can also help you save on home insurance<\/a>. Insurers often reward lower-risk homes with discounts, especially when you have features like 24\/7 professionally monitored cameras. <\/p>\n\n\n\n

Having the right home security setup can give you peace of mind and potentially lower your premiums by up to 20%. In this blog, you\u2019ll learn how home security systems can make you eligible for discounts, what features qualify, and four of the best security systems available in Canada. <\/p>\n\n\n\n\t

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Key takeaways<\/p>\n\t\t\t\t\t\t\t\t\t\t

A home security system can help you save on insurance while making your home safer. Professionally monitored systems are more likely to qualify for discounts, especially those with features like cameras, alarms, and smart sensors for fire or water leaks. Savings typically range from 5% to 20%, but not all systems qualify, so check with your insurer before you install.<\/span><\/p>\n<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t<\/section>\n\n\n\n\n\n\n\n\n\n\n

Home security systems can qualify you for an insurance discount<\/h2>\n\n\n\n

Security systems can make you eligible for a home insurance discount, as they lower the overall risk of your property. They reduce the chance of theft<\/a>, vandalism, and break-ins<\/a>, so insurance companies see your home as less risky to insure. <\/p>\n\n\n\n

Professionally monitored systems, in particular, are most likely to be rewarded with a discount as they typically lead to faster emergency response times, helping limit damage in the event of a fire, break-in, or other incident. <\/p>\n\n\n\n

Discounts depend on the type of security system installed<\/h2>\n\n\n\n

In general, professionally monitored alarm systems are more likely to qualify for insurance discounts, as they offer faster response times and can help reduce the severity of a claim if something goes wrong. Systems that automatically alert emergency services can also make a big difference in preventing or limiting damage.<\/p>\n\n\n\n

\u201cMost insurers are looking for professionally monitored systems or specific features like fire and water detection, so it\u2019s important to check the requirements before you install,\u201d explains Channelle Cote, AMF- and RIBO-licensed broker at YouSet. \u201cYou\u2019ll also likely need proof of installation, like a certificate from your monitoring company.\u201d<\/p>\n\n\n\n

Self-monitored systems, on the other hand, are less likely to be eligible for significant discounts. Since they rely on you to notice and respond to alerts, there\u2019s a higher chance of delays, which can lead to more damage and higher claim costs. <\/p>\n\n\n\n

How much you\u2019ll save depends on your insurer, but discounts typically range from 5% to 20%. Before installing a system, it\u2019s a good idea to check with your insurance broker, as they can let you know which types of systems qualify for a discount. <\/p>\n\n\n\n\t

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Get the best price on homeowners insurance year-after-year<\/h3>\n\t\t\t\t\t\t
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What to check before you buy a home security system <\/h2>\n\n\n\n

Installation type, equipment setup, and compatibility with existing systems <\/h3>\n\n\n\n

Decide whether you want a DIY system or a professional installation. DIY setups are usually more affordable and flexible, while professionally monitored systems are more seamless and often preferred by insurers. If you have an existing setup, check how the system integrates with your smart locks, thermostats, or cameras. <\/p>\n\n\n\n

Monthly or annual subscription fees <\/h3>\n\n\n\n

Beyond the upfront cost, many security systems come with ongoing subscription fees for monitoring or advanced features. If the system is professionally monitored, take some time to understand the contract length, cancellation terms, and ongoing fees. Self-monitored systems, on the other hand, typically have only a one-time setup fee but may require more attention via a mobile app. <\/p>\n\n\n\n

Eligibility requirements for insurance discounts<\/h3>\n\n\n\n

Not all security systems qualify for insurance discounts, so it\u2019s important to know what your insurer looks for. Many require professional monitoring, and some prefer specific features like fire or water leak detection. You may also need to provide proof of installation to receive the discount. <\/p>\n\n\n\n

Features<\/h3>\n\n\n\n

Home security systems offer a range of features, from basic alarms to fully integrated smart home setups. Think about what matters most to you, whether that\u2019s cameras, motion sensors, or smoke and CO2 monitoring<\/a>. The right mix of features can enhance your home’s safety and increase your eligibility for insurance discounts. <\/p>\n\n\n\n

Home security systems available in Canada with professional monitoring <\/h2>\n\n\n\n

If you\u2019re looking to qualify for an insurance discount, here are some of the best options in Canada with professional monitoring features: <\/p>\n\n\n\n