As well as signaling authorities that the home
has been burgled and increasing the chances that intruders will be caught, the cameras installed with many modern alarm systems catch the intruders in the act. Having visual documentation of the home intrusion increases the likelihood that the burglar will be identified for the crime committed. Video footage also helps homeowners create a record of what has been taken from their home during a burglary. Homeowner’s insurance is designed to cover private homes and the possessions therein from losses or damage that can occur as the result of a number of devastating events. Homeowner insurance covers most events such as fires, tornadoes and hurricanes. Flood insurance is generally not included and must be purchased separately since floods are a more common occurrence. The cost of homeowners insurance is generally not taken into consideration by first time homeowners when buying their home, but a significant discount is generally given to homeowners with home security systems installed. The total discount given as a result of homes having security systems differs based upon the features of the system for instance, a system monitored by a central monitoring station should provide a larger discount compared to one that is not monitored and the amount of coverage purchased initially and the company offering the insurance. In general, homeowners receive a 10 20% discount on their insurance by having a functioning home alarm system installed. This type of system allows
the home alarm to be remotely armed or disarmed, cameras to be monitored, household lights to be turned off and on, air conditioning or heating to be turned on or changed, and motion detectors to be monitored. All of these functions not only allow homeowners to watch for intruders, but they also help to protect the home remotely.