July 11th, 2024Data divulged on home security trends

Newly released home insurance quote data from Budget Direct has shown which Australian states and suburbs are the most secure based on how many homes were fitted with a security alarm. 

Collective data from the past five years, as of 1 Jan 2023 reveals that Western Australia leads the way from a security standpoint with 63.17 percent of homeowners who received a Budget Direct Home Insurance quote identifying their home as being equipped with an alarm. 

The western state was well ahead of the east with just 53.06 percent of New South Wales homes and 51.76 percent of homeowners in Victoria stating they had alarms fitted at home.

The least protected state was Tasmania with 30.59 percent of homeowners who obtained a Home Insurance quote from Budget Direct having security systems in place. Queensland was not much better, with 33.80 percent of homeowners noting their houses had security alarms fitted. 

Budget Direct’s Chief Growth Officer, Jonathan Kerr, said their collective data showed that at the end of the 2022/23 financial year, 48.67 per cent of Australian homeowners said they had an alarm system.

“It’s no surprise that people are wanting to feel more secure. As we’ve been seeing on the news, home invasions and break-ins are increasing at an alarming rate,” Mr Kerr said. 

Budget Direct’s most recent Home Insurance quote data also identified which suburbs in each state or territory had the highest percentage of self-reported residential alarm systems surveillance.