Home Security, Security Systems

3 Ways Renters Save with Smart Home Technology

Think you need to be a homeowner before investing in smart home technology? Think again! If you’re currently renting but have not installed things like a smart security system or smart thermostat, you are likely missing out on major cost savings.

Can smart home technology really save renters money?

While renting a home comes with its own set of perks, rent itself can be costly. For example, average rent prices in Chicago are reportedly around $1,800 per month for a one-bedroom apartment and $2,200 for a two-bedroom. That’s significantly lower than other major cities like New York, Los Angeles, and Washington D.C. While we can’t help negotiate rent rates, we can demonstrate a few ways to lower other costs associated with renting a home. Here are three ways renters can save with smart home technology.

Insurance Discounts

Just like car insurance companies often discount rates for anti-collision and other safety features, many homeowners and renters insurance companies are following suit when renters install smart security devices. According to Consumer Reports, major insurance companies including AllState, Farmers, Liberty Mutual, and Travelers offer savings for installing smart safety devices like abode’s wireless security system If you can’t find information on savings with your renters insurance provider, it’s worth a phone call to see if you can negotiate a discount.

Heating and Cooling

When it comes to saving on heating and cooling costs, the secret is in automation. A Nest Labs report shows people save an average of 10-12% on heating and 15% on cooling bills, just by installing a smart thermostat. Instead of letting the heat or air conditioning run unnecessarily long or while no one is home, a smart thermostat, like those from Ecobee or Nest, automates the temperature for you. When you pair your smart thermostat with abode, you can set up custom automations or control your thermostat manually from your phone, wherever you are. These savings can be significant for those renters who pay separately for their heat and air.

Electricity

Similar to saving on your heating and cooling, electricity bills slim down with the installation of devices like automated lights and appliances. For example, connect your smart bulbs to your abode system and never worry about leaving unnecessary lights on again. You can program your lights to turn off when you leave home, or set timers on lamps to turn on when the sun goes down. If you have other smart appliances, you can automate them to run before 10 a.m. or after 7 p.m. in order to avoid peak demand times when electricity typically costs more.

Save With abode

Installing abode devices can automatically cut costs on renters insurance. When paired with smart thermostats and other smart gadgets like lights and appliances, you’ll see your heating, air conditioning, and electricity prices dip, too. Another perk for renters with abode is the ease with which your system moves with you. When moving time comes around, simply pick up your devices and re-install them in your new home in a matter of minutes. It really is that simple. Ready to try abode for yourself? Check out our affordable plans today!

admin

You might also like

Cameras & Motion Sensors

Abode Edge Camera: The Star of CES 2024

CES 2024 has been a showcase of technological innovation, and Abode Home Security’s newest offering, the Abode Edge Camera, has emerged as […]
Home SecuritySecurity Systems

Which Home Security Kit is Right for You? Part 1

We’ve always believed that everyone deserves reliable, secure, and professional-grade security products without high upfront costs or long-term contracts. That’s why we […]
Holiday Promotions

The Best Home Security Gifts for Any Dad

With Father’s Day is coming up, are you looking for the perfect gift for the dad in your life? You want something […]
back
Step 1

What are you looking for?

abode is a great fit for a lot of scenarios. What are your requirements?

A Security System
Security Cameras
Both
Next
-

What are you protecting?

abode is a great fit for a lot of scenarios. Which are you looking to protect?

Home
Apartment
Business
Other
Next
-

How many doors are accessible from outside?

Let's make sure your most vulnerable entryways are protected.

1
Next
-

How many windows on the ground floor?

These are the 2nd most common entry point for burglars.

1
Next
-

How would you like your system monitored?

Monitor your home yourself on your device, or set up professional monitoring so authorities automatically respond to alarms.

Professional Monitoring
Self Monitoring
Next
-

What sort of security system are you looking for?

To give you the best recommendation let us know what sort of integrations you are looking for in your alarm system.

Traditional Alarm System without integrations.
Alarm System with Alexa & Google integrations.
HomeKit, ZigBee & Z-Wave integrations
Next
-

Lastly, how would you like to be contacted?

We want to send you our best recommendation.

Phone
Email
Take Me To My Cart
Next

Let us know your contact details

Fill out the form below to submit

Finish
-

How many cameras would you like outside?

0
Next
-

Would you like any of your outdoor cameras to be used as a doorbell?

Yes
No
Next
-

How many cameras would you like inside?

0
Next

Thank you.

We will be in touch soon.

0
×

cart

Your cart is empty

Abode Security Kit Abode Security Kit

Security Hub, 1x Mini Door/Window Sensor & KeyFob

$139.99 Add to cart
Smart Security Kit Smart Security Kit

1x Smart Security Hub
1x Mini Door/Window Sensor
1x Motion Sensor
1x Key Fob
1x Sticker

$259.99 Add to cart
iota All-In-One Security Kit iota All-In-One Security Kit

iota All-In-One Hub With 1 Mini Door/Window Sensor and 1 Key Fob.

$329.99 Add to cart