Deciding on whether or not to purchase an alarm monitoring system needs to be thought through thoroughly as it can be a large annual expense. For most of us it gives us that extra sense of security for our house. Often the decision is influenced by where one lives or where the office is located and also by the contents of your house or office. They will always be certain areas that not only is it mandatory to have an alarm it is also expected that one has monitoring facility in order to have adequate security.
Is the reality of having a monitoring system as good as the idea of having one? There are so many companies that supply this type of service one needs to be sure before you sign any contract. Regardless of what company you employ for these services one year minimum contract generally applies and sometimes it can be up to three years minimum contract especially if the price of fitting the alarm is bundled in as part of the overall package. Having the alarm fitted for free is great at the beginning of the contract however be careful that you don't pay the price later on. Very often when the alarm is free, the monthly monitoring fee can be a little higher than their competitors. But the one that can catch people out is that automatic renewal clause that can be hidden in the small print of a contract.
Very often circumstances change and one might decide after a period of time that a monitoring system is no longer required. The average person might assume that once the three years or one year term originally agreed to has come to an end that the direct debit would stop. However if the payments continue to be debited out of your bank you may have automatically entered into a new term on the contract. If you don't write in yourself confirming that you no longer require the service and that you no longer wish to renew the contract, the company might take this as you wanting to continue with the existing service. The problem if you don't write in is that once you have started into a new term even though you might not have realized it, there might be very little that you can do to stop the payments pending on how the contract that you signed is worded.
Apart from automatic renewal it is important to know if how one can get out of a contract midway through its term, this is especially important if you have agreed to a three-year contract. For example in the event of moving house are you able to opt out of the agreement? Very often the decision to get an alarm monitoring system is at the time of buying or moving house and you may not have the time to think your decision through. No matter what agreement you enter into, just remember it is always important to think about if your circumstances change, ask yourself what is my exit strategy?