Connecticut Insurance and the Burglar Alarm

Mammoth Takeaways

• Connecticut’s Insurance History: Connecticut's robust insurance industry, particularly in Hartford, played a pivotal role in the development and advancement of burglar alarm systems by investing in security measures to mitigate financial losses from disasters.
• Technological Progress: The evolution of burglar alarms from basic systems to sophisticated, smart technologies has significantly enhanced property protection, reducing the risks of theft, fire, and other disasters.
• Insurance Benefits: Installing a burglar alarm system can lead to lower insurance premiums and potential rebates, as many insurance companies offer incentives for properties equipped with adequate security systems.
• Professional Installation Advantage: Utilizing professional installation services for burglar alarm systems ensures proper setup and functionality, providing reliable and worry-free security for businesses.

Did you know that the state of Connecticut has significantly influenced the burglar alarm industry?It’s true!

Since the early 19th century Hartford, CT has been a major player in the insurance field. Their involvement in insurance also spurred investments into disaster mitigating measures such as burglar alarms, fire alarms, and more!

Connecticut’s Insurance Presence

Connecticut is home to some of the biggest players in the insurance industry, such as The Hartford, Aetna, and Travellers. The establishment of Hartford Fire Insurance occurred in 1810. Hartford’s role as a hub for various goods traders and service providers meant that there was always a steady stream of people seeking protection for a fee.
In 1835 the great New York fire occurred, devastating the many people who lived in the area. Despite the magnitude of destruction, the owner of Hartford Fire Insurance guaranteed that they would honor everyone’s insurance contracts. This was, however, a major financial hit to the company and almost led to its dissolution. Luckily, the honorable move only bolstered the public’s trust in the company and it thrived.
Another blow struck the insurance company in 1871 with the Chicago fire and again in 1906 in San Francisco. Once more, the company paid out the insurance agreements to their clients and stayed afloat.

The Security Connection

The repeated financial losses experienced by The Hartford Fire Insurance Company and others led the owners and investors to understand the importance of disaster prevention in order to remain financially stable. So they, along with fellow insurance providers, began investing in the advancement of security. With fewer disaster risks, the risk of financial ruin is reduced.

Security Benefits Consumers and the Insurance Industry

As technology progressed from rudimentary systems to the more advanced smart options available today, individuals and industries became protected against threats. Sensors evolved to detect fires earlier, reducing life and business losses. Cameras and motion sensors progressed to be able to spot burglars sooner, lowering the chances of theft or destruction of property.

Burglar Alarms as a Deterrent

Today’s burglar alarms are quite efficient in reducing the likelihood of theft or vandalism on a property. Research shows a significant decrease in illegal activities and insurance claims with the presence of these systems. Even the mere presence of a burglar alarm, security camera, or setup can deter around 60% of burglars, who will opt for easier, unprotected targets.

Choosing the Right Burglar Alarm

Every property has unique needs when it comes to adequate protection. Before implementing any particular system, it’s important to research and consider certain aspects:

• Business & Property Size: The area of coverage often determines the extent of the needed burglar alarm system. Larger spaces with multiple access points will require more sensors and may affect whether a setup uses wired or wireless connections.
• Wired or Wireless: Wired connections are often more reliable in terms of service but are more costly to implement. They are best used for new construction. Wireless systems are more flexible in their placement but are subject to interference and signal loss.
• Local vs. Central: Local alarms only alert the immediate area and owner in case of an intrusion. Central alarms connect to an alarm monitoring service that can quickly respond to incidents but requires a monthly fee.

Burglar Alarms and Insurance Discounts

Many insurance companies either have requirements regarding a minimum level of security for your business, or they offer financial incentives and rebates for installing a qualified system. It is a smart decision to work with your insurance to reduce your monthly premiums with a qualifying system installation.

Why Professional Installation is the Best Bet

Educated technicians specialize in the diverse range of burglar alarm choices offered on the market. Not only can they help you choose the best fit, but they can also install your agreed-upon setup, ensuring that there are no mistakes. A professional installation means a worry-free burglar alarm experience that you and your business can count on.

Mammoth Conclusion

Mammoth Security Inc., in Connecticut, is a proud supporter of the state's rich history.
We take pride in our years of experience and knowledge, offering the best burglar alarm and security options for your needs.
Call us today to schedule a free on-site consultation and see how our helpful staff can improve your security!