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When shopping for an alarm system or an alarm service provider for your existing alarm system, it's important to understand what you're really getting. Here are key warning signs to watch for:
Be sure you have ownership of your alarm equipment at the end of your contract period. Many "free" systems are actually lease agreements where you never truly own the equipment.
It's important you don't get trapped into 3 to 5 year contracts in case you become dissatisfied with your service provider and need to cancel your service.
Be sure your alarm company is installing universal equipment that can be monitored by any provider, not proprietary systems that lock you in.
Research the competition and compare rates. Monitoring is a "household bill" like a utility - paid every single month, year over year.
Many companies charge excessive fees for video monitoring and smart home features that should be included in your basic service package.
Companies that advertise "no upfront fees" often hide costs in higher monthly payments or longer contract terms that cost you more overall.
*Universal equipment refers to alarm equipment that can be monitored by any provider, giving you the freedom to choose your monitoring service.
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