Secret Fire Safety Savings Fire Alarm Monitoring Quote
Financial Benefits of Fire Alarm Monitoring
One of the most compelling reasons to invest in fire alarm monitoring is the potential for insurance savings. Many insurance companies offer reduced premiums for properties equipped with monitored fire alarm systems. This is because these systems significantly decrease the risk of extensive damage, leading to fewer and less costly claims. According to the Insurance Information Institute, properties with robust fire protection measures, including monitored alarms, can see insurance savings of up to 20%1.
Moreover, the cost of fire alarm monitoring itself is often outweighed by the savings on insurance and the potential reduction in fire-related losses. Monthly monitoring fees can vary based on the provider and the complexity of the system, but they typically range from $20 to $602. When compared to the potential costs of fire damage, these fees are a small price to pay for peace of mind and financial protection.