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Most home security systems require you to pay a cancellation fee if you end your service before your contract is complete. The cost is typically 75% to 100% of the contract’s remaining balance. To avoid cancellation fees, purchase from a brand that offers contract-free plans, such as Simplisafe and Vivant.

The average cost to repair an alarm system ranges from $100 to $300, depending on the extent of damage. Most repairs involve replacing or upgrading parts, which can cost up to $500.

Is paying for a security system worth it?

Many homeowners find that it’s worth it to pay for a security system. With over 6.5 million property crimes reported in the USA in 2022, a security system is a worthwhile investment that offers the peace of mind of knowing your home is protected against theft and burglary.

The average cost to install a security camera ranges from $100 to $500 per camera. The total installation cost depends on the number, type, and location of cameras. Homeowners pay an average of $1,100 for labor and equipment to install four cameras.