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If you want to protect your home while not totally destroying your budget, there are a variety of home security systems that can fit the bill. In this article, we will explore what security systems can do for your home, as well as the most budget-friendly systems on the market today.

What Is A Monitored Security System?

Home security systems not only protect your precious items and loved ones while you’re away or asleep, but also offer a peace of mind. In fact, most home security systems nowadays trigger the police at the slightest hint of a break in or fire to offer the highest level of protection.

Types Of Monitoring

The three main types of monitoring include cellular, landline phone, and broadband internet.

There are three types of monitoring: landline phone, broadband Internet, and cellular.

Hardwired Or Landline Monitoring

Home security systems that are being monitored through landlines are far less costly as cellular or broadband since they are less secure. For example, an intruder could potentially cut the phone line and disrupt the connection with your home security system.

Broadband Internet Monitoring

Broadband internet monitoring is the next best type compared to the landline. They are connected to the internet via internet cables that can offer a more secure connection. However, there is still a possibility that thieves can disconnect your internet cords or cables and disrupt your home security system connection to your provider. Plus, you will also need an additional battery backup for your home security system in case of a power outage.

Cellular Monitoring

Cellular monitoring is the most popular and safest type of monitoring available. Your home security system communicates with your provider via a cellular signal which is much stronger than a landline of broadband internet connection. However, this also means that it is one of the most expensive types of home security monitoring

The Least Expensive Monitored Security Systems

Below are a few of the most budget-friendly home monitoring alarm companies that start at a mere $30/month. In this list, they are arranged from least to the most expensive.

Protect America

Protect America’s plans start at $19.99/month. Although there are no activation, installation, or equipment fees, you’re locked into a 36-month contract with the company. Additionally, the equipment they set up comes with a lifetime warranty, in case it ever breaks. Protect America uses landline monitoring which means that it’s not a wireless home protection system.

LiveWatch

LiveWatch has two different types of packages you can choose from Plug&Protect IQ and Plug&Protect Basic. Both of these packages only start at $29.95/month and equipment comes with a 2-year warranty. Luckily, their systems are 100 percent wireless and you are not locked into a contract upon starting service, meaning you can cancel anytime you like.

AlarmForce

AlarmForce starts at $25/months with $0 down for home security monitoring. Unfortunately, they don’t explain the components of their system online, so you will have to give them a call to learn more. However, their equipment comes with a lifetime warranty with professional installation.

LifeShield

LifeShield offers a $29.99/month package. The company is currently owned by DirecTV and requires it’s customers to be locked into a 36-month contract plus cancellation fees if you want out early. However, their package comes with 24/7 home security monitoring over a broadband internet connection. Plus, LifeShield guarantees to replace any equipment under contract for free.

The Least Expensive Self-Monitored Security Systems

Self-monitored home security systems have growing popularity due to zero monthly fees and equipment customization. Not to mention, most self-monitored systems are completely wireless with no contracts that you need to be locked into. Usually, the systems can be managed via a smartphone, tablet, or computer. However, they are offered at high prices due to the lack of equipment costs. Here are a few of the least expensive models we found, ordered from least to most expensive.

Mace

Mace only offers one type of security system that costs $139.99. The warranty that comes with the equipment ranges from 30 days to 48 months, and monitoring is all done via the keypad. Unfortunately, there is no app you can download to manage Mace.

Iris

Iris offers two affordable home security packages. The most expensive one is $9.99. The least expensive system is $4.99/month offers a cellular connection, which can be better for families on a budget. Additionally, their equipment comes with a one-year warranty in case anything breaks.

iSmartAlarm

The iSmartAlarm offers one expensive home security package of $200. However, iSmartAlarm’s equipment comes with a one-year warranty with monitoring done through a smartphone app.

SimpliSafe

SimpliSafe is one of the absolute best home security systems that does not have monitoring. The system comes with a three-year warranty. You can even add in central monitoring if you choose for just $14.99 a month. For this reason, the SimpliSafe security system is a great option for those who are unsure about whether they would prefer a monitored system or a self-monitored system. There are also no contracts for the central monitoring, meaning you can try it out for a month and decide if you like it or not. Without monitoring, the system will only work as a local alarm and will not send a notification to your phone.