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Understanding the pros and cons of installing a home security system is the first step to deciding which one is right for you. A few of the advantages and disadvantages include:

Pros

• Added security for your household

• Reduced home insurance premiums

• Many smart home integrations available

• Security companies can monitor your home 

Cons

• Expensive setup costs 

• Subscription costs can add up quickly

• Features may be vulnerable to hackers

• Weak signal reduces the security of a wireless system

Installation typically takes 2-4 hours, depending on the number of components and wiring needs.

Some but not all security cameras have monthly fees, depending on the specific camera system and the services offered with it, especially monitored vs. unmonitored security systems. Home security companies that offer monitoring services along with cameras will charge a monthly fee for monitoring and possibly for using the security cameras. Cameras that you monitor yourself as part of your own security system will not have monthly fees charged.

Security cameras do not need wiring if they are wireless, meaning they are battery-operated and can connect through Wi-Fi. You’ll need to change the batteries on a wireless camera and ensure you have a steady connection to Wi-Fi for video storage. If you have a wired security camera, you’ll need to plug it into an outlet or other power source and a DVR device.