In 1998 Patrick Egan, founder, established Select Security, Inc, which installed and secured over 24,000 homes and businesses across a large swath of the country.
Security System Overview
Select Security offers a variety of starting packages to meet the needs of their customers, however, their basic and cheapest package is a cellular-based system that does not require a phoneline and uses 2GIG wireless technology. This package starts at $100 for the upfront costs and $54.99/month for 60 months to cover monitoring fees. Included in this package is:
- 1 touch screen panel
- 3 door/window sensors
- 1 motion sensor
- Key fob
- 24/hr monitoring
This system is smart phone compatible which allows the customer to control their entire home security system from their phone.
The most impressive part of Select Security’s basic package is the lifetime equipment warranty. For the full life of the contract all equipment and batteries are covered and can be serviced by a full-time technician at no cost. The only time customers are required to pay out of pocket is if the equipment was broke at the fault of the user (e.g. the ladder knocks the door sensor off). For newer customers it is also important to note that while Select Security is a younger company it was started by Mr. Patrick Egan, who started and ran the Commonwealth Security company in 1971. During that time, the Commonwealth Company grew to become one of the top security companies nationwide, with over 30,000 customers and 10 office locations. Furthermore, since starting Select Security they have acquired over 24,000 customers and have become one of the biggest home security companies in the mid-Atlantic region. Because of this tremendous growth Select has been named to SDM’s best 100 list for three straight years.
Another problem for the cost-conscious customer is the expensive monthly rate. A typical rate ranges from $30-$40; however Select Security is much more costly at $55/month. Some of these extra costs might be due to trying to recuperate some of the costs of providing a lifetime warranty. But regardless the reason, it is one of the more expensive monthly rates for a starting package on the market. Replacements for equipment like a touch screen will also cost $50 to cover the service trip charge. The parts and labor are free, but there is a fee still associated with replacing parts.
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