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You may also choose to install an alarm that will automatically contact a monitoring service, who will then attempt to contact you to see what the situation is, and can contact the proper authorities if necessary. There are many other options that can be added to a home security system beyond these three basic components. Many people choose to have a panic button installed by their bedside, or in an area of the house that is often in use. Video cameras are another option that you may wish to look into. With all of the options available, you may wish to talk to a professional from a company that offers home security systems in order to see which options you would benefit from most. There are many different companies that can be found online, or you can ask friends and relatives to see if they have any experience with a particular company.

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No contract required. Quick, easy installation. Cellular and Wi Fi connectivity, the latter of which is optional. Cons: Underwhelming camera options. Bottom Line: If you want to secure and monitor your home from afar without spending a bundle or signing a long term contract, there's a lot to like about the newly redesigned, versatile, and easy to use DIY SimpliSafe Home Security System. Read ReviewVivint Smart Home ReviewMSRP: $39.