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It can simply trigger an alarm siren. But don’t dismiss the importance of alarm monitoring. Crime statistics show that burglars aren’t scared away by sirens. They know it will take at least three to five minutes for neighbors to call the police and just as long for police to respond to the call. A home security system monitoring service can contact the authorities much faster. Insurance companies understand the importance of faster police/fire notification, and many offer discounts to offset some of the monitoring costs.

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99 per month for its no contract monitoring service, while Nest charges $29 per month. If you commit to a three year contract, the price of the Nest service drops to $19 per month. Ring's Protect Plus plan goes for $10 per month and doesn't require a contract. Monitoring for professionally installed systems tends to be more expensive. The ADT Pulse monitoring service starts at $28. 99 per month and requires a three year contract, but you also have to figure in the cost of things like hardware components, cellular backup, and installation.