Home insurance or some call it household insurance is a type of insurance that covers the losses of your house content due to crime, fire or others natural disaster.

It is a fix term insurance where you pay a fix amount of premium in return for a sum of money paid to you in the event of loss of assets due to crime, fire or others natural disaster. It is a yearly renewable insurance.

Recently ABC news portal reported that the crime rate in New York is in an increasing trend especially house break-in cases.

The above cases create a demand in household insurance and one hottest topic in town is who to reduce the household insurance premium.

We did an enquiry recently with ADT NY and found out that those houses install with ADT Alarm system which includes smoke detectors, burglar alarms as well as dead-bolt locks will entitles some discount from insurance company.

Are all insurances company provide discount to any alarm system installed? The answer is No.  Only alarm system with communication center and local police office will entitle for such discount.

Why ?  Because when you house alarm trigger, a signal will be sent to the monitoring center via your telephone line, once the monitoring center received the signal, they will contact the house owner.  In the case where the house owner cannot be contacted, the monitoring center will contact the nearest police office for further investigation.

The above action will deter the crime rate tremendously and reduce the risk for the insurance company.  As such, insurance company provide discount to encourage the installation of household alarm.