New & Noteworthy

WANT AN INSURANCE DISCOUNT? GET AN ALARM SYSTEM

Depending on your policy you may qualify for an insurance discount of up to 20% when you have a monitored security system.

Reed Security protects a number of local insurance brokers including The Co-operators, Cherry Insurance, Cooke Insurance and Saskatoon Insurance Agencies. We contacted them for advice and we found the discounts vary between insurance companies.

The main reason an insurance company provides a discount is because it’s less likely you will have a claim. In fact, it’s 400% less likely to have a break-in or major loss when have a monitored security system.

Sometimes the insurance discount can even pay for the entire cost of your monthly security fees. If your home insurance policy is $1600/year and you received a 20% discount, you would save $320/year on insurance costs. If the monthly 24/7 monitoring fee you pay to your security provider is $21.95/month (x 12 months = $263.40), then you would save $56.60 every year.

Some insurance companies provide a discount of 10% to 15% no matter what 24/7 monitoring coverage you have. Other insurance companies will provide additional discounts when you have monitored fire, flood and low temperature protection. To determine exactly how much you can save please contact your local insurance broker.

WARNING: If you cancel your 24/7 monitoring service with your security company you should let your insurance broker know immediately. If you were receiving an insurance discount based on lower risks – you don’t want to run into any problems when you need to use your insurance. Security companies provide records to investigators.


6 EASY STEPS TO GET YOUR INSURANCE DISCOUNT

1. Ask your Insurance Broker what discounts you are eligible for if you have a security system with 24/7 ULC Monitoring
2. Get 3 quotes from local security providers - ask your friends and check Google reviews
3. Make sure the security provider you choose has a ULC-listed Central Monitoring Station
4. Arrange to activate the security system and arrange an installation date
5. Your security provider issues a Certificate of Installation to you or your Insurance Company
6. The Insurance Company will provide any applicable discounts once they receive the Certificate of Installation

Not everyone will qualify for an insurance discount including most Businesses.



Even though you may be able to save money by installing a monitored home security system, it isn’t the main reason People install them. Installing a Reed Smart Security & Automation system helps you feel safe and keeps you connected to your home or business.

Alarm.com is super popular. It allows you to control your smart security system, smart locks, smart lights, smart thermostats and ReedHD™ cameras from your smartphone. Instant Email/Text notifications are a hit too. Alarm.com will let you know when your son or daughter arrives home after school. No phone line is required.


If you would like more information on Smart Home or Business Security & Automation please Contact Us for a Free Security Evaluation.

SASKATOON SECURITY INQUIRIES
Reed Security Headquarters
Call 306.653.3200 or 1.844.384.SAFE (7233)
SuRe InnoVations
Call 306.974.0888
PRINCE ALBERT 
SECURITY INQUIRIES
Call 306.922.7200
CALGARY 
SECURITY INQUIRIES
Call 587.393.2800
REGINA 
SECURITY INQUIRIES
Call 306.206.0700
LLOYDMINSTER 
SECURITY INQUIRIES
Fierce Electric Ltd.
Call 306.825.3772

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LOCATIONS

SASKATOON SECURITY
Reed Security Group (HEADQUARTERS)
14-1724 Quebec Avenue
Saskatoon, SK S7K 1V9
Ph: 306.653.3200
1.844.384.SAFE (7233)

Sure Innovations
1701 Saskatchewan Avenue
Saskatoon, SK S7K 1P7
Ph: 306.974.0888

Nine Yards Technologies Inc.
Ph: 306.341.2477

 

REGINA SECURITY
ViboPulse Services
Ph: 306.206.0700

WINNIPEG SECURITY
Guardian Advanced Solutions
Ph: 204.250.7510 or 204.878.0061

PRINCE ALBERT SECURITY
Thor Security Ltd.
1-243 South Industrial Drive
Prince Albert, SK S6V 7L9
Ph: 306.922.7200

 

NIAGARA REGION SECURITY
Alltech Smart Security
Ph: 289.990.3234

KAWARTHA LAKES REGION SECURITY
Dot Communications
232 Kent St W Unit 4
Lindsay, ON K9V 6A4
Ph: 1.833.368.2666

 

CALGARY SECURITY
Oxford Security Systems
#501, 2903 Kingsview Blvd SE
Airdrie, AB T4A 0C4
Ph: 587.393.2800

EDMONTON SECURITY
Ph: 1.844.384.7233