Maximize Your Home Insurance Discount with Home Security Claims

Ever heard the saying, "The best offense is a good defense?" Well, when it comes to home insurance, that couldn't be more true. Your home security system isn't just about protecting your home – it can also be a powerful tool for slashing your insurance premiums and even getting money back in your pocket.

Intrigued? Let's dive into how home security claims can be your secret weapon for maximizing savings and transforming your home security system from a cost to an investment.

The Discount You Already Know: Proactive Protection

Most insurance providers offer discounts to homeowners who have installed security systems. They know that a protected home is less likely to be targeted by burglars and less likely to suffer damage. This reduction in risk translates into lower premiums for you.

But the savings don't stop there...

The Discount You Might Not Know: Claim-Based Savings

Here's where things get interesting. Filing a successful home security claim can actually reinforce your insurer's confidence in your home's security and further justify your discount. It's a win-win scenario! You get reimbursed for your loss, and your insurer sees the value of your security investment.

Kangaroo: Your Partner in Protection and Savings

Kangaroo home security option that stands out for its unique combination of prevention, documentation, and reimbursement. Our Cam Protect and Complete Protect plans offer different levels of coverage, with the Complete Protect plan providing the most comprehensive protection and potential for reimbursement.

How Kangaroo Helps You Save

Find My Discount

Insurance Discounts: Simply having a Kangaroo system can qualify you for a discount with many insurance providers.
Claim Reimbursement: Depending on your plan, Kangaroo will reimburse you for certain losses due to theft, damage, or specific incidents.
Evidence for Claims: Kangaroo's cameras provide clear video evidence to support your insurance claims, making the process smoother and more likely to result in a payout.

Real-World Reimbursement: Kangaroo in Action

To give you a better idea of how this works, let's look at some real reimbursement examples from Kangaroo users

Month	Reimbursed Amount	Types of Losses Covered
May	$500.00	Tech / Computer Parts
January	$500.00	Shoes/Sneakers, Motorcycle Parts, Car Damages
February	$125.00	Hair Care Products, Tech/iPad/iPhone, Kitchen Items
March	$125.00	Exercise Equipment, Broken Windows, Broken Doors, Shoes/Sneakers
April	$125.00	Security Equipment, Car Damages, Clothes, Flooding/Basement, Food Supplements, Candles, Tech, etc.
June	$125.00	Broken Windows

These examples show that Kangaroo's reimbursement isn't just a nice perk – it's real money back in your pocket when you need it most.

Disclaimer: Reimbursement amounts and types of losses covered can vary. Check with Kangaroo for the most up-to-date policy details.

Maximizing Your Home Security & Insurance Benefits

Here's how to get the most out of your home security system and insurance:

Choose a Comprehensive System: Make sure your system includes high-quality cameras, an alarm system, professional monitoring (optional), and environmental sensors.
Document Everything: Keep receipts and records of your valuables to make the claims process smoother.
Report Incidents Promptly: Notify your insurance provider and Kangaroo as soon as possible after an incident.
Utilize Kangaroo's App: The Kangaroo app simplifies the reimbursement process, allowing you to file claims and track their status easily.

Key Takeaway: Protection and Peace of Mind

Kangaroo's reimbursement policy proves that home security isn't just about deterring crime – it's about financial protection and peace of mind. When the unexpected happens, knowing you have a system that can help you recover some of your losses is invaluable.

Get the Most Out of Your Home Insurance

If you're looking to maximize your home insurance discount and gain an extra layer of financial security, consider Kangaroo's Cam Protect or Complete Protect plans. Investing in home security is an investment in your home's safety and your financial well-being.

Home Insurance Savings FAQs

Your Question Answered

Q: How can I get a discount on my home insurance? A: Several factors can lead to discounts, including:

Installing a home security system: This could be a comprehensive system like ADT, a DIY option like Kangaroo, or even a combination of individual components like a burglar alarm, fire alarm, smoke detectors, water sensors, and window/door sensors.
Upgrading your home's security: Adding features like deadbolts on exterior doors, locks with keypads, or even a sprinkler system can show insurers you're proactive about protection.
Bundling policies: Combining your homeowner insurance with other policies (like auto insurance) often leads to discounts.

Q: Which security system features offer the biggest insurance discounts?

A: The most impactful features include:

Monitored alarm systems: Systems connected to a monitoring center for 24/7 response can offer significant savings.
Fire alarms and smoke detectors: These are essential for early fire detection and can substantially reduce premiums.
Burglar alarms and window/door sensors: These deter burglaries and provide evidence in case of theft.
Water sensors: Detecting leaks early can prevent costly water damage and lower your risk profile.
Security cameras: Video footage can help identify culprits and deter burglaries, leading to potential discounts.

Q: How much can I save on my home insurance premium with a security system?

A: The amount you save varies depending on your insurer, the type of system, and your location. However, discounts can range from 5% to 20% or more. It's worth contacting your insurance provider to get specific quotes.

Q: How do I make sure my security system qualifies for a discount?

A: Most insurance companies require your system to meet certain standards:

Professional installation: Some insurers might require professional installation, especially for complex systems.
Central station monitoring: This is often a requirement for maximum discounts.
Regular maintenance: Ensure your system is in good working order, as malfunctioning systems may not qualify.

Q: Does having a "smart home" affect my insurance rates?

A: Yes, some smart home devices, like security cameras, smart locks, and sensors connected to your security system, can often qualify for discounts.

Q: Are there any other ways to lower my homeowner insurance premium?

A: Absolutely! Consider these options:

Increasing your deductible: Opting for a higher deductible usually lowers your premium.
Maintaining a good claims history: Avoiding frequent claims can demonstrate you're a low-risk homeowner.
Shopping around and comparing quotes: Different insurance companies have varying rates and discount structures.

Q: Where can I find more information about home insurance discounts?

A: Reach out to your insurance provider directly. They can provide the most accurate information about their specific discounts and requirements. You can also research online or consult an independent insurance agent.