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Watch
Out! Read the Fine Print
Unfortunately,
some care has to be taken when purchasing an alarm system.
You will have to do some research, ask plenty of questions,
and in some cases separate fact from fiction in order to find
the company that is going to provide you with the best service
and the best value for money.
Try
to remember that there are long term costs involved in owning
an alarm system including alarm monitoring fees and repair
and maintenance costs. Try not to focus entirely on the price
of the installation as this is generally minor compared to
the long term costs. You should estimate yours costs over
the first 5 years in order to make a fair comparison between
companies.
Also
remember that there is no such thing as a free alarm
system. Most companies will ask you to commit to spending
at least $1200 - $1500 between the installation and the service
contract which you will be required to sign. Make sure that
you are comfortable making this commitment.
The
most important thing that you need to be aware of is the details
of any contract you are being asked to sign. Here are some
particular questions that you should have answers to.
-
1. Will you own the system once you have
completed the contract? Some company's contracts
state that even after you have paid for the installation
and 36 months of monitoring you still will not own the system.
If you ever cancel the monitoring service the system will
be removed. It is important to determine whether you will
own the system once it is installed
- 2.
How can you cancel the contract if it becomes necessary
to do so.
There are various reasons that you may need to cancel your
monitoring service; changing locations, loss of employment,
change of priorities, or dissatisfaction with the service
being provided. Whatever the reason, there should be a way
to get out of the contact (usually requiring a lump sum
payment) that will leave you with ownership of the system.
- 3.
Does the contract 'self-renew'?
It's hard to believe, but some companies will try to get
you to sign a contract with a 'self-renewing' clause that
makes it difficult to ever cancel the monitoring service.
The wording for this is usually something along the lines
of the service may be cancelled by providing written
notice of cancellation within 30 days prior to the end of
the contract. If written notice is not received within this
time frame the contract could self-renew for another year".
What this means is that if you forget to provide written
notice within the short time frame provided you will be
obliged to pay for another year of service whether or not
you want it. It is fine to have a contract that states that
the general terms will continue after the end of your commitment
period (rates, limits of liability, etc.), but it really
is unfair to trick customers into extending the length of
their contract by failing to cancel on a specific date.
Our
clients own their systems outright and they may cancel their
service at any time. If you chose to receive a discount on
the cost of an alarm installation by signing a 1, 2 or 3 year
contract you will only have to pay the balance of the discount
to cancel the service. We just cant imagine trying to
force a client to continue with a service that they no longer
want or need.
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