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With the popularity of DIY security cameras and video surveillance systems, it’s important to understand the benefits and potential drawbacks to decide if it’s the right choice for you. Advantages and disadvantages include:

Pros

• Video footage readily available

• Reduced home insurance

• Save on labor costs by installing security cameras yourself

• Wireless systems are easy to move and set up

• Monitor from your smartphone

• Avoid false alarms

Cons

• Features may be vulnerable to hackers

• No direct link to authorities

• Risk of installing the system improperly, reducing its effectiveness

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.

Yes, keyless locks can be quite safe, but their security depends on the type and quality of the lock you choose. Many keyless locks offer added features like biometric access, PIN codes, and smartphone connectivity, making them potentially more secure than traditional locks. However, keyless locks can also be susceptible to hacking, battery failure, or technical malfunctions, so it's important to choose a reliable brand and stay on top of software updates and maintenance.

The cost of a home security system depends on the kinds of devices you install, but the average cost is about $750. Fully monitored systems with hardwired alarms, cameras, motion detectors, and lights will cost a lot more—up to $2,000. Meanwhile, a few wireless cameras that deliver video to an app will be significantly less expensive, starting at as little as $200.