Having insurance on your home or business is essential in case of theft or damage. The downside is it can come at a significant cost depending on the value of your property and the area it’s located in.
Naturally, there are a lot of steps property owners take to reduce their premiums wherever possible. This includes choosing the right doors and locks, installing burglar alarms as well as having secure fencing around the perimeter of the property.
In recent times more digital methods such as CCTV have become increasingly popular, with an estimated 4-6 million CCTV cameras currently keeping a watchful eye over UK homes and businesses.
While there’s no doubt CCTV cameras are vital in preventing crime and bringing about prosecution for any crimes that go on to be committed, the question is can CCTV actually lower the cost of your insurance?
CCTV is the best form of evidence
CCTV (closed-circuit television) allows you to monitor who is accessing the grounds of your property at any given time. It can provide vital evidence to the police or insurers in case of theft, burglary or criminal damage.
Getting a clear picture of the perpetrator or a registration number is far more useful than relying on witnesses alone, which may not even exist if the crime happens in the middle of the night. What’s more, with CCTV from RE:SURE, you can control your CCTV at the touch of an app. This means you don’t have to physically arm your CCTV each night in order for it to work.
You’ll also remain in complete control of who is in the building and receive instant notifications direct to your smartphone should anything suspicious be detected.
In terms of your insurance, the more you demonstrate you are protecting your property, the more likely it is your payments will be reduced.
CCTV is a strong deterrent
Installing CCTV throughout your business or your home is an investment purchase. This is especially the case if you choose a system that delivers an extremely high picture quality for example.
However, it doesn’t take long for the initial upfront cost to be recouped through reduced insurance costs. That’s because the very presence of CCTV on your premises is a very strong deterrent for people with untoward intentions.
Having CCTV not only proves to insurers you take your security seriously, but it also means crime is less likely to be committed in the first place. Less crime then translates into your property being deemed a lower security risk, meaning cheaper insurance quotes.
Taking extra measures to secure your property including installing CCTV will help bring insurance costs down. In fact, most insurers will ask if your home, business or car is covered by CCTV when applying for your policy in the first place.
Whilst CCTV is not a replacement for other security measures, it does provide a clear picture of who is on your premises which is a big deterrent for criminals. Therefore if you are looking to reduce your insurance premiums, installing CCTV to cover all the main areas should be a top consideration.
Are looking to install CCTV in your business or home? Drop us a line on IRE 01 691 7100 | UK 028 8676 1183 and our friendly team will be in touch.